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612-822-4611
Fragile Finance: Debt, Speculation and Crisis in the Age of Global Credit

Fragile Finance: Debt, Speculation and Crisis in the Age of Global Credit

Paperback

Series: Palgrave MacMillan Studies in Banking and Financial Institut

AccountingInvesting & Finance

ISBN10: 1349282723
ISBN13: 9781349282722
Publisher: Palgrave
Published: Jan 1 2007
Pages: 190
Weight: 0.58
Height: 0.47 Width: 5.50 Depth: 8.50
Language: English
Fragile Finance examines financial crisis in the era of global credit. Drawing on the work of Hyman Minsky, the book discusses the global financial system over the past decade, suggesting that financial fragility stems from an explosive combination of financial innovation, over-borrowing, and progressive illiquidity of financial structures.

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