Global Financial Contagion: Building a Resilient World Economy after the Subprime Crisis

This book is an authoritative account of the economic and political roots of the 2008 financial crisis. It examines why it was triggered in the United States, why it morphed into the Great Recession, and why the contagion spread with such ferocity around the globe. It also examines how and why economies – including the Eurozone, Russia, China, India, East Asia, and the Middle East – have been impacted and explores their response to the unprecedented challenges of the crisis and the effectiv...