Global financial contagion : building a resilient world economy after the subprime crisis
Document Type
Book
Publication Date
1-1-2014
Publisher
Cambridge University Press
Abstract
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 G20's efforts to create a new international financial architecture may fall short. This book will long be regarded as the standard account of the crisis and its aftermath.
DOI
10.1017/CBO9781139225656
ISBN
9781107609617
Publisher Statement
Copyright © Shalendra D. Sharma 2014
Language
English
Recommended Citation
Sharma, S. D. (2014). Global financial contagion: Building a resilient world economy after the subprime crisis. New York: Cambridge University Press.