Consequences of the Global Financial Crisis

The Global Financial Crisis (GFC) is the most serious economic crisis since the Great Depression. Many books have explored its causes, but this book systematically explores its consequences. The focus is primarily on the policy and political consequences of the GFC. This book asks how governments re...

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প্রকাশিত: Oxford University Press 2021
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অনলাইন ব্যবহার করুন:453476
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collection Directory of Open Access Books
description The Global Financial Crisis (GFC) is the most serious economic crisis since the Great Depression. Many books have explored its causes, but this book systematically explores its consequences. The focus is primarily on the policy and political consequences of the GFC. This book asks how governments responded to the challenge and what the political consequences of the combination of the GFC itself and policy responses to it have been. Based on workshops held in the United States and the United Kingdom, it brings together leading academics to consider the divergent ways in which particular countries have responded in different ways to the crisis, including China, France, the United Kingdom, and the United States. Part of what is happening is a structural shift in economic power from east to west, but China has its fragilities while Germany offers an example of a largely successful Western model. 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. Unlike earlier crises, no new paradigm has emerged to challenge existing ways of thinking, meaning that neoliberalism has emerged relatively unscathed. The crisis has lacked a coherent and innovative intellectual response and has been characterized by remarkable policy stability.
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spelling doab-20.500.12854ir-324532025-07-30T10:21:17Z Consequences of the Global Financial Crisis Grant, Wyn Wilson, Graham K. neoliberalism structural change financial regulation global financial crisis China International Monetary Fund Non-commercial activity United States thema EDItEUR::J Society and Social Sciences::JP Politics and government thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management thema EDItEUR::J Society and Social Sciences::JP Politics and government thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management The Global Financial Crisis (GFC) is the most serious economic crisis since the Great Depression. Many books have explored its causes, but this book systematically explores its consequences. The focus is primarily on the policy and political consequences of the GFC. This book asks how governments responded to the challenge and what the political consequences of the combination of the GFC itself and policy responses to it have been. Based on workshops held in the United States and the United Kingdom, it brings together leading academics to consider the divergent ways in which particular countries have responded in different ways to the crisis, including China, France, the United Kingdom, and the United States. Part of what is happening is a structural shift in economic power from east to west, but China has its fragilities while Germany offers an example of a largely successful Western model. 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. Unlike earlier crises, no new paradigm has emerged to challenge existing ways of thinking, meaning that neoliberalism has emerged relatively unscathed. The crisis has lacked a coherent and innovative intellectual response and has been characterized by remarkable policy stability. 2021-02-10T12:58:18Z 2013-12-31 23:55:55 2018-10-03 09:09:28 2020-04-01T14:58:40Z 2012 book 453476 OCN: 1030815777 http://library.oapen.org/handle/20.500.12657/33857 9780199641987 https://directory.doabooks.org/handle/20.500.12854/32453 eng open access image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg n/a n/a n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/33857/1/453476.pdf https://library.oapen.org/bitstream/20.500.12657/33857/1/453476.pdf https://library.oapen.org/bitstream/20.500.12657/33857/1/453476.pdf https://library.oapen.org/bitstream/20.500.12657/33857/1/453476.pdf https://library.oapen.org/bitstream/20.500.12657/33857/1/453476.pdf Oxford University Press 10.1093/acprof:oso/9780199641987.001.0001 10.1093/acprof:oso/9780199641987.001.0001 db4e319f-ca9f-449a-bcf2-37d7c6f885b1 OAPEN-UK 9780199641987 OAPEN-UK 287 open access
spellingShingle neoliberalism
structural change
financial regulation
global financial crisis
China
International Monetary Fund
Non-commercial activity
United States
thema EDItEUR::J Society and Social Sciences::JP Politics and government
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::J Society and Social Sciences::JP Politics and government
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
Consequences of the Global Financial Crisis
title Consequences of the Global Financial Crisis
title_full Consequences of the Global Financial Crisis
title_fullStr Consequences of the Global Financial Crisis
title_full_unstemmed Consequences of the Global Financial Crisis
title_short Consequences of the Global Financial Crisis
title_sort consequences of the global financial crisis
topic neoliberalism
structural change
financial regulation
global financial crisis
China
International Monetary Fund
Non-commercial activity
United States
thema EDItEUR::J Society and Social Sciences::JP Politics and government
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::J Society and Social Sciences::JP Politics and government
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
topic_facet neoliberalism
structural change
financial regulation
global financial crisis
China
International Monetary Fund
Non-commercial activity
United States
thema EDItEUR::J Society and Social Sciences::JP Politics and government
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
thema EDItEUR::J Society and Social Sciences::JP Politics and government
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management
url 453476