The current crisis is emerging as the most severe downturn since the Great Depression. This book examines its cause, the efforts to contain the crisis and proposes a cure that will limit the risk that such crises could recur in the future. INDICE: Introduction PART I: CAUSE Rational Exuberance? The Great Moderation and the Search for Yield Fair Weather Finance PART II: CONTAINMENT Conditional Containment Moving Toward Meltdown: The Failure of Lehman Brothers and itsAftermath Unconditional Containment PART III: CURE Better Resolution Better Deposit Guarantee Schemes Better Macroeconomic Policy Better Regulation Better Supervision Conclusion: Toward a Globally Consistent Framework Notes References Index
- ISBN: 978-0-230-23618-9
- Editorial: Palgrave Macmillan
- Encuadernacion: Cartoné
- Páginas: 240
- Fecha Publicación: 11/05/2010
- Nº Volúmenes: 1
- Idioma: Inglés