Global Economic Turmoil And The Public Good
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€110.99
A01=Daniel Quinn Mills
A01=Steven Rosefielde
Author_Daniel Quinn Mills
Author_Steven Rosefielde
Category=KCA
Category=KCX
Central Banking
China
Crisis Prevention
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
European Union
Fiscal Policy
Fiscal Union
Global Economic Crisis
Global Economic Sclerosis
Global Financial Crisis
India
Japan
Keynesianism
Monetary Policy
Monetary Union
United States
Product details
- ISBN 9789814590501
- Publication Date: 26 Jun 2015
- Publisher: World Scientific Publishing Co Pte Ltd
- Publication City/Country: SG
- Product Form: Hardback
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The global financial crisis of 2008 was resolved over the course of two years after the collapse of the US housing bubble, but the world economy did not vigorously rebound as expected. The West has been torpid, while Asian economic vitality has steadily waned. These developments have been diversely interpreted and authorities have responded with a series of institutional reforms and policy fixes, without coming to grips with accumulating national debts, the kinds of speculative practices that caused the financial crisis, and the inadequacies of neoclassical and Keynesian macroeconomic explanations.Global Economic Turmoil and the Public Good presents the cumulative research of both authors. It updates the readers on global economic developments since 2008, while providing a concise, yet comprehensive survey of the causes and protracted consequences of the 2008 financial crisis. The book explains the global financial disequilibrium and catastrophic crisis risks; surveys and appraises institutional reforms designed to reinvigorate growth and ameliorate financial crisis risk; and proposes specific actions which will prevent another global financial crisis and its economic fallout.
