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The Global Financial Crisis in Retrospect: Evolution, Resolution, and Lessons for Prevention

The Global Financial Crisis in Retrospect: Evolution, Resolution, and Lessons for Prevention

Paperback

Economics

ISBN10: 1349937355
ISBN13: 9781349937356
Publisher: Palgrave MacMillan
Published: Jan 11 2019
Pages: 255
Weight: 0.72
Height: 0.57 Width: 5.83 Depth: 8.27
Language: English

This book provides a uniquely comprehensive explanation of the 2008-2009 global financial crisis and resulting scholarly research in the context of building an agenda for reform. With the clarity provided by almost a decade of hindsight and a careful eye toward planning for prevention, Elson guides readers through both historical fact and scholarly interpretation, highlighting areas where careful critique of and changes in the international financial architecture and the mainstream macroeconomic paradigm can promote greater financial stability in the future. Given the great public concern over growing income and wealth inequality, the book examines their links to the increased financialization of the economy, both prior to and since the crisis. Finally, the book identifies a number of lessons that need to be recognized if adequate and effective reforms are to be introduced to avoid a financial crisis of similar magnitude in the future.

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Elson, Anthony

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Economics