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Financial Crises - Lessons from the Past, Preparation for the Future (Paperback)
Loot Price: R970
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Financial Crises - Lessons from the Past, Preparation for the Future (Paperback)
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Throughout the 1990s, numerous financial crises rocked the world
financial sector. The Asian bubble burst, for example; Argentina
and Brazil suffered currency crises; and the post-Soviet economy
bottomed out in Russia. In Financial Crises, a distinguished group
of economists and policy analysts examine and draw lessons from
attempts to recover from past crises. They also consider some
potential hazards facing the world economy in the 21st century and
discuss ways to avoid them and minimize the severity of any future
downturn. This important new volume emerges from the seventh annual
conference on emerging markets finance, cosponsored and organized
by the World Bank and the Brookings Institution. In the book, noted
experts address the following questions: �bullet points� How
effective were post-crisis policies in Latin America, Eastern
Europe, and East and Central Asia? Where do international financial
markets stand ten years after the worldwide debt crisis? How can
the provision of financial services resume vigorously, yet safely?
What are the viable policy options for reducing systemic financial
vulnerability? What will the next emerging-market financial crisis
look like? Will lessons learned from past experiences help to avoid
future disasters? How can nations reform their pension systems to
deal with retirement challenges in the 21st century?
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