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Books > History > History of specific subjects > Economic history
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Crises and Opportunities - The Shaping of Modern Finance (Hardcover)
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Crises and Opportunities - The Shaping of Modern Finance (Hardcover)
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As the world's political and economic leaders struggle with the
aftermath of the Financial Debacle of 2008, this book asks the
question: have financial crises presented opportunities to rebuild
the financial system? Examining eight global financial crises since
the late nineteenth century, this new historical study offers
insights into how the financial landscape - banks, governance,
regulation, international cooperation, and balance of power - has
been (or failed to be) reshaped after a systemic shock. It includes
careful consideration of the Great Depression of the 1930s, the
only experience of comparable moment to the recession of the early
twenty-first century, yet also marked in its differences. Taking
into account not only the economic and business aspects of
financial crises, but also their political and socio-cultural
dimensions, the book highlights both their idiosyncrasies and
common features, and assesses their impact in the broader context
of long-term historical development.
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