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After the Crash - Financial Crises and Regulatory Responses (Hardcover)
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After the Crash - Financial Crises and Regulatory Responses (Hardcover)
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The 2008 crash was the worst financial crisis and the most severe
economic downturn since the Great Depression. It triggered a
complete overhaul of the global regulatory environment, ushering in
a stream of new rules and laws to combat the perceived weakness of
the financial system. While the global economy came back from the
brink, the continuing effects of the crisis include increasing
economic inequality and political polarization. After the Crash is
an innovative analysis of the crisis and its ongoing influence on
the global regulatory, financial, and political landscape, with
timely discussions of the key issues for our economic future. It
brings together a range of experts and practitioners, including
Joseph Stiglitz, a Nobel Prize winner; former congressman Barney
Frank; former treasury secretary Jacob Lew; Paul Tucker, a former
deputy governor of the Bank of England; and Steve Cutler, general
counsel of JP Morgan Chase during the financial crisis. Each poses
crucial questions: What were the origins of the crisis? How
effective were international and domestic regulatory responses?
Have we addressed the roots of the crisis through reform and
regulation? Are our financial systems and the global economy better
able to withstand another crash? After the Crash is vital reading
as both a retrospective on the last crisis and an analysis of
possible sources of the next one.
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