Fixing global finance
Author(s)
Bibliographic Information
Fixing global finance
(Forum on constructive capitalism / Francis Fukuyama, series editor)
Johns Hopkins University Press, 2008
Available at 16 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references (p. 213-221) and index (p. 223-230)
Description and Table of Contents
Description
The latest book from Financial Times columnist Martin Wolf explains why global imbalances cause financial crises-including the one ravaging the United States right now-and outlines the steps for ending this destructive cycle. Reviewing global financial crises since 1980, Wolf lays bare the links between the microeconomics of finance and the macroeconomics of the balance of payments, demonstrating how the subprime lending crisis in the United States fits into a pattern that includes the economic shocks of 1997, 1998, and early 1999 in Latin America, Russia, and Asia. He explains why the United States is now the "borrower and spender of last resort," makes the case that this is an untenable arrangement, and argues that global economic security depends on the ability of emerging economies to develop robust financial systems based on domestic currencies. Sharply and clearly argued, Wolf's prescription for fixing global finance illustrates why he has been described as "the world's preeminent financial journalist."
Table of Contents
Series Editor's Foreword
Preface
1. Learning Lessons
2. Blessings and Perils of Liberal Finance
3. Financial Crises in the Era of Globalization
4. From Crises to Imbalances
5. Calm before a Storm
6. Toward Adjustment and Domestic Reform
7. Toward Global Reform
8. From Imbalances to the Subprime Financial Crisis
Notes
References
Index
by "Nielsen BookData"