The Shifts and the Shocks: What We've Learned, and Have Still to Learn, from the Financial Crisis - Rilegato

Wolf, Martin

 
9781594205446: The Shifts and the Shocks: What We've Learned, and Have Still to Learn, from the Financial Crisis
Rilegato
ISBN 10: 1594205442 ISBN 13: 9781594205446
Casa editrice: Penguin Pr, 2014

Sinossi

From the chief economic commentator for the Financial Times, a brilliant tour d’horizon of the new global economy and its trajectory

There have been many books that have sought to explain the causes and courses of the financial and economic crisis which began in 2007–8. The Shifts and the Shocks is not another detailed history of the crisis, but the most persuasive and complete account yet published of what the crisis should teach us about modern economies and economics.

The book identifies the origin of the crisis in the complex interaction between globalization, hugely destabilizing global imbalances and our dangerously fragile financial system. In the eurozone, these sources of instability were multiplied by the tragically defective architecture of the monetary union. It also shows how much of the orthodoxy that shaped monetary and financial policy before the crisis occurred was complacent and wrong. In doing so, it mercilessly reveals the failures of the financial, political and intellectual elites who ran the system.

The book also examines what has been done to reform the financial and monetary systems since the worst of the crisis passed. “Are we now on a sustainable course?” Wolf asks. “The answer is no.” He explains with great clarity why “further crises seem certain” and why the management of the eurozone in particular “guarantees a huge political crisis at some point in the future.” Wolf provides far more ambitious and comprehensive plans for reform than any currently being implemented.

Written with all the intellectual command and trenchant judgment that have made Martin Wolf one of the world’s most influential economic commentators, The Shifts and the Shocks matches impressive analysis with no-holds-barred criticism and persuasive prescription for a more stable future. It is a book no one with an interest in global affairs will want to neglect.

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Informazioni sull?autore

Martin Wolf is the associate editor and chief economics commentator at the Financial Times, London. He is the recipient of many awards for financial journalism, for which he was also made a Commander of the Order of the British Empire in 2000. His previous books include Fixing Global Finance and Why Globalization Works.

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Editore
Penguin Pr
Data di pubblicazione
2014
Lingua
Inglese
ISBN 10 
1594205442
ISBN 13 
9781594205446
Rilegatura
Copertina rigida
Numero di pagine
465
Contatto del produttore
non disponibile
Persona responsabile
non disponibile

Altre edizioni note dello stesso titolo

9780143127635: The Shifts and the Shocks: What We've Learned - and Have Still to Learn - from the Financial Crisis

Edizione in evidenza

ISBN 10:  0143127632 ISBN 13:  9780143127635
Casa editrice: Penguin Group USA, 2015
Brossura