Time for a visible hand: lessons from the 2008 world financial crisis

The book addresses the 2008 financial crisis originating in developed countries that will have a major impact on developing countries, as it spreads globally. It discusses the underlying reasons behind the crisis and suggests solutions that can help prevent such a crisis in the future. INDICE: 1: Stephany Griffith-Jones, Jose Antonio Ocampo, and Joseph E. Stiglitz: Introduction; Part I: The Crisis in the United States; 2: Joseph E. Stiglitz: The Financial Crisis of 2007-2008 and its Macroeconomic Consequences; 3: Gerald Caprio, Jr.: Subprime Finance: Yes, We are Still in Kansas; 4: JanKregel: Background Considerations to a Re-regulation of the U.S. Financial System: Third time a Charm? Or Strike Three?; 5: Joseph E. Stiglitz: Responding to the Crisis; Part II: Reforming Financial Regulation; 6: Philip Turner: Central Banks, Liquidity and the Banking Crisis; 7: Jane d'Arista and Stephany Griffith-Jones: Agenda and Criteria for Financial Regulatory Reform; 8: Avinash D. Persaud: The Role of Policy and Banking Supervision in the Light of the Credit Crisis; 9: C.A.E. Goodhart: How, If at All, should Credit Rating Agencies (CRAs) be Regulated?; 10: Perry Mehrling: Credit Default Swaps (CDSs): The Keysto Financial Reform; 11: Marion Williams: Governing the Regulatory System; Part III: Developing Country Perspectives; 12: Yilmaz Akyüz: The Management of Capital Flows and Financial Vulnerability in Asia; 13: Y.V. Reddy: Regulation of Financial Sector in Developing Countries: Lessons from the 2008 Financial Crisis; 14: Roberto Frenkel and Martin Rapetti: Economic Development and the International Financial System; 15: Fernando J. Cardim de Carvalho: The Accumulation of International Reserves as a Defense Strategy; Part IV: Reforming the Global Monetary System; 16: José Antonio Ocampo: Reforming the Global Reserve System; 17: Bruce Greenwald and Joseph E. Stiglitz: A Modest Proposal for International Monetary Reform

• ISBN: 978-0-19-957881-8
• Editorial: Oxford University
• Encuadernacion: Rústica
• Páginas: 384
• Fecha Publicación: 14/01/2010
• Nº Volúmenes: 1
• Idioma: Inglés