[PDF.43gq] The Risk of Economic Crisis (National Bureau of Economic Research Conference Report)
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The Risk of Economic Crisis (National Bureau of Economic Research Conference Report)
From University of Chicago Press
[PDF.mz27] The Risk of Economic Crisis (National Bureau of Economic Research Conference Report)
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| #2930881 in eBooks | 2009-02-15 | 2009-02-15 | File type: PDF||From the Back Cover|In this accessible and thought-provoking volume, this author investigates the origins of financial crises in domestic capital markets. The book also contains provocative observations by senior academics and others who have played leading role
The stunning collapse of the thrift industry, the major stock slump of 1987, rising corporate debt, wild fluctuations of currency exchange rates, and a rash of defaults on developing country debts have revived fading memories of the Great Depression and fueled fears of an impending economic crisis. Under what conditions are financial markets vulnerable to disruption and what economic consequences ensue when these markets break down?
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