| Description |
xvi, 358 pages : illustrations ; 24 cm. |
| Series |
The initiative for policy dialogue series
|
|
Initiative for policy dialogue series.
|
| Bibliography |
Includes bibliographical references and index. |
| Contents |
The financial crisis of 2007-8 and its macroeconomic consequences / Joseph E. Stiglitz -- Sub-prime finance: yes, we are still in Kansas / Gerard Caprio, Jr. -- Background considerations to a re-regulation of the US financial system: third time a charm? Or strike three? / Jan Kregel -- Responding to the crisis / Joseph E. Stiglitz -- Central banks, liquidity, and the banking crisis / Philip Turner -- Agenda and criteria for financial regulatory reform / Jane D'Arista, Stephany Griffith-Jones -- The role of policy and banking supervision in the light of the credit crisis / Avinash D. Persaud -- How, if at all, should credit rating agencies (CRAs) be regulated? / C. A. E. Goodhart -- Credit default swaps: the key to financial reform / Perry Mehrling -- Governing the global regulatory system / Marion Williams -- The management of capital flows and financial vulnerability in Asia / Yilmaz Akyüz -- Regulation of the financial sector in developing countries: lessons from the 2008 financial crisis / Y. V. Reddy -- Economic development and the international financial system / Roberto Frenkel, Martin Rapetti -- The accumulation of international reserves as a defense strategy / Fernando J. Cardim de Carvalho -- Reforming the global reserve system / José Antonio Ocampo -- A modest proposal for international monetary reform / Bruce Greenwald, Joseph E. Stiglitz. |
| Summary |
This text 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. |
| Subject |
Financial crises.
|
|
Financial crises. |
|
Financial crises -- Prevention.
|
|
Financial crises -- Prevention. |
| Added Author |
Griffith-Jones, Stephany.
|
|
Ocampo, José Antonio.
|
|
Stiglitz, Joseph E.
|
| ISBN |
0199578818 paperback |
|
9780199578801 hardback |
|
019957880X hardback |
|
9780199578818 paperback alkaline paper |
|
