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Fault lines : how hidden fractures still threaten the world economy / Raghuram G. Rajan

Main Author Rajan, Raghuram Description 1 online resource (x, 270 pages) ISBN 9781400834211
140083421X
9781400839803
1400839807

Contents note Let them eat credit -- Exporting to grow -- Flighty foreign financing -- A weak safety net -- From bubble to bubble -- When money is the measure of all worth -- Betting the bank -- Reforming finance -- Improving access to opportunity in America -- The fable of the bees replayed Abstract Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Rajan shows how the individual choices that collectively brought about the economic meltdown--made by bankers, government officials, and ordinary homeowners--were rational responses to a flawed global financial order in which the incentives to take on risk are incredibly out of step with the dangers those risks pose. He traces the deepening fault lines in a world overly dependent on the inde Edition in different support Fault lines. Corporate name Global Financial Crisis (2008-2009) Topical name Income distribution - History - United States - 21st century
Global financial crisis, 2008-2009
Economic history - 21st century
Business
BUSINESS & ECONOMICS - Economic History
Economic history
Income distribution
Social conditions
Kredietcrisis (2008- )
Internationale economie
Schulden
Sociaal-economisch beleid
Inkomensverdeling
Finanzkrise
Electronic books
History Geographical name Income distribution - History - United States - 21st century
Global Financial Crisis, 2008-2009
Economic history - 21st century CBC HC110.I5 Classification 83.40
15.85 Online Resources Click here to access online

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Includes bibliographical references (pages 231-246) and index

Let them eat credit -- Exporting to grow -- Flighty foreign financing -- A weak safety net -- From bubble to bubble -- When money is the measure of all worth -- Betting the bank -- Reforming finance -- Improving access to opportunity in America -- The fable of the bees replayed.

Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Rajan shows how the individual choices that collectively brought about the economic meltdown--made by bankers, government officials, and ordinary homeowners--were rational responses to a flawed global financial order in which the incentives to take on risk are incredibly out of step with the dangers those risks pose. He traces the deepening fault lines in a world overly dependent on the inde