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The Consequences of the Global Financial Crisis: The Rhetoric of Reform and Regulation
     

The Consequences of the Global Financial Crisis: The Rhetoric of Reform and Regulation

by Wyn Grant, Graham K. Wilson
 

The Global Financial Crisis is the most serious economic crisis since the Great Depression, and although many have explored its causes, relatively few have focused on its consequences. Unlike earlier crises, no new paradigm seems yet to have come forward to challenge existing ways of thinking and neo-liberalism has emerged relatively unscathed. This crisis,

Overview


The Global Financial Crisis is the most serious economic crisis since the Great Depression, and although many have explored its causes, relatively few have focused on its consequences. Unlike earlier crises, no new paradigm seems yet to have come forward to challenge existing ways of thinking and neo-liberalism has emerged relatively unscathed. This crisis, characterized by a remarkable policy stability, has lacked a coherent and innovative intellectual response.

This book, however, systematically explores the consequences of the crisis, focusing primarily on its impact on policy and politics. It asks how governments responded to the challenges that the crisis has posed, and the policy and political impact of the combination of both the Global Financial Crisis itself and these responses.

It brings together leading academics to consider the divergent ways in which particular countries have responded to the crisis, including the U.S., the UK, China, Europe, and Scandinavia. The book also assesses attempts to develop global economic governance and to reform financial regulation, and looks critically at the role of credit rating agencies.

Editorial Reviews

From the Publisher
"Contributors, from both sides of the Atlantic and clearly experts in their areas, have written informative surveys that surely are worth reading. Recommended." —CHOICE

"This book highlights the main issues of the current global financial crises and gives an important historical background of the previous financial and economic crisis... An excellent book, worth reading." —Global Governance

Product Details

ISBN-13:
9780199641987
Publisher:
Oxford University Press
Publication date:
07/13/2012
Pages:
320
Product dimensions:
14.20(w) x 9.30(h) x 0.90(d)

Meet the Author

Wyn Grant is Professor of Politics at the University of Warwick and vice-president for Europe and Africa of the International Political Science Association. He has written extensively on economic policy, government-business relations, pressure groups, and agricultural and environmental policy.

Graham Wilson is Professor and Chair, Department of Political Science, Boston University. He previously taught at the Universities of Wisconsin-Madison and Essex.

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