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1) The shifts and the shocks: what we've learned- and have still to learn- from the financial crisis
Author
Publisher
Penguin Press
Pub. Date
[2014]
Language
English
Description
"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...
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