01746nam a2200133Ia 4500020001800000082002200018100001900040245009500059260003900154300001300193520133000206650005401536650002201590  a9781137597496  aRR 332.042bELS-T  aElson, Anthony 0aGlobal Financial Crisis in Retrospectb: Evolution, Resolution, and Lessons for Prevention  aNew YorkbPalgrave Macmillanc2017  axv, 255p  aThis 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.
Comprehensive enough for university students and sufficiently innovative for financial policymakers, this book will appeal to a wide range of readers interested in understanding not just where the crisis has brought us, but what key economists have said about it and how we can strengthen our financial system oversight to deal with the continuing challenges of globalization  aFinancial EconomicsvBanks and BankingvDeflation  aCrisisvFinancial