The Risk of Economic Crisis

Business & Finance, Economics, Economic Development
Cover of the book The Risk of Economic Crisis by , University of Chicago Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9780226241838
Publisher: University of Chicago Press Publication: February 15, 2009
Imprint: University of Chicago Press Language: English
Author:
ISBN: 9780226241838
Publisher: University of Chicago Press
Publication: February 15, 2009
Imprint: University of Chicago Press
Language: English

The stunning collapse of the thrift industry, the major stock slump of 1987, rising corporate debt, wild fluctuations of currency exchange rates, and a rash of defaults on developing country debts have revived fading memories of the Great Depression and fueled fears of an impending economic crisis. Under what conditions are financial markets vulnerable to disruption and what economic consequences ensue when these markets break down?

In this accessible and thought-provoking volume, Benjamin M. Friedman investigates the origins of financial crisis in domestic capital markets, Paul Krugman examines the international origins and transmission of financial and economic crises, and Lawrence H. Summers explores the transition from financial crisis to economic collapse. In the introductory essay, Martin Feldstein reviews the major financial problems of the 1980s and discusses lessons to be learned from this experience. The book also contains provocative observations by senior academics and others who have played leading roles in business and government.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The stunning collapse of the thrift industry, the major stock slump of 1987, rising corporate debt, wild fluctuations of currency exchange rates, and a rash of defaults on developing country debts have revived fading memories of the Great Depression and fueled fears of an impending economic crisis. Under what conditions are financial markets vulnerable to disruption and what economic consequences ensue when these markets break down?

In this accessible and thought-provoking volume, Benjamin M. Friedman investigates the origins of financial crisis in domestic capital markets, Paul Krugman examines the international origins and transmission of financial and economic crises, and Lawrence H. Summers explores the transition from financial crisis to economic collapse. In the introductory essay, Martin Feldstein reviews the major financial problems of the 1980s and discusses lessons to be learned from this experience. The book also contains provocative observations by senior academics and others who have played leading roles in business and government.

More books from University of Chicago Press

Cover of the book Socrates and the Jews by
Cover of the book Isa Genzken by
Cover of the book Natural Questions by
Cover of the book The Socratic Way of Life by
Cover of the book Best Laid Plans by
Cover of the book Articulating the World by
Cover of the book Shakespeare's Lyric Stage by
Cover of the book Trade-Offs by
Cover of the book Plant Evolution by
Cover of the book Disturbing Practices by
Cover of the book The Three and a Half Minute Transaction by
Cover of the book Philosophy of Pseudoscience by
Cover of the book Rhetoric in Tooth and Claw by
Cover of the book You Were Never in Chicago by
Cover of the book The Search for Justice by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy