In 2001, Greece saw its application for membership into the
Eurozone accepted, and the country sat down to the greatest free
lunch in economic history. However, the coming years of global
economic prosperity would lead to unrestrained spending, cheap
borrowing, and a failure to implement financial reform, leaving the
country massively exposed to a financial crisis--which duly struck.
In "Bust: Greece, the Euro, and the Sovereign Debt Crisis,"
Bloomberg columnist Matthew Lynn explores Greece's spectacular rise
and fall from grace and the global repercussions of its financial
disaster. Page by page, he provides a thrilling account of the
Greek financial crisis, drawing out its origins, how it escalated,
and its implications for a fragile global economy. Along the way,
Lynn looks at how the Greek contagion has spread like wildfire
throughout Europe and explores how government ineptitude as well as
financial speculators compounded the problem.
Blending financial history, politics, and current affairs, Lynn
skillfully tells the story of how one nation rode the wave of
economic prosperity and brought a continent, a currency, and,
potentially, the global financial system to its knees. Lively,
engaging, and thought provoking, "Bust" reminds us just how
interconnected the world really is.
General
| Imprint: |
John Wiley & Sons
|
| Country of origin: |
United States |
| Release date: |
December 2010 |
| First published: |
December 2010 |
| Authors: |
M. Lynn
|
| Dimensions: |
228 x 152 x 15mm (L x W x T) |
| Format: |
Hardcover
|
| Pages: |
288 |
| ISBN-13: |
978-0-470-97611-1 |
| Categories: |
Books >
Business & Economics >
Finance & accounting >
General
Promotions
|
| LSN: |
0-470-97611-X |
| Barcode: |
9780470976111 |
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