Global financial contagion : building a resilient world economy after the subprime crisis / Shalendra D Sharma
Material type:
TextPublication details: New York : Cambridge University Press, 2014Description: x, 394p. 23cmISBN: - 9781107609617
- 332.042 SHA
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Calcutta | 332.042 SHA (Browse shelf(Opens below)) | Available | IIMC-140340 |
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| 332.042 SCH Recent experiences with surges in capital inflows / | 332.042 SEL Contagion in financial markets / | 332.042 SEN Financial fragility, debt and economic reform / | 332.042 SHA Global financial contagion : | 332.042 SHE Global financial perspectives / | 332.042 SHI Macro markets : | 332.042 SIJ Financing the world economy in the nineties / |
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 G-20's efforts to create a new international financial architecture may fall short
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