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Global Financial Contagion - Building a Resilient World Economy after the Subprime Crisis (Hardcover, New)
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Global Financial Contagion - Building a Resilient World Economy after the Subprime Crisis (Hardcover, New)
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This book is an authoritative account of the economic and political
roots of the 2008 financial crisis. It examines why it was
triggered in the United States, why it morphed into the great
recession, and why the contagion spread with such ferocity around
the globe. It also examines how and why economies - including the
Eurozone, Russia, China, India, East Asia, and the Middle East -
have been impacted and explores their response to the unprecedented
challenges of the crisis and the effectiveness of their policy
measures. Global Financial Contagion specifically looks at how the
Obama Administration's policy missteps have contributed to
America's huge debt and slow recovery, why the Eurozone's response
to its existential crisis has become a never-ending saga, and why
the G20's efforts to create a new international financial
architecture may fall short. This book will long be regarded as the
standard account of the crisis and its aftermath.
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