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Fault lines : how hidden fractures still threaten the world economy

Author: Raghuram Rajan
Publisher: Princeton : Princeton University Press, [2010] ©2010
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Rajan shows how the individual choices that collectively brought about the economic meltdown--made by bankers, government officials, and ordinary homeowners--were rational responses to a flawed global financial order in which the incentives to take on risk are incredibly out of step with the dangers those risks  Read more...
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Genre/Form: Electronic books
History
Additional Physical Format: Print version:
Rajan, Raghuram.
Fault lines.
Princeton : Princeton University Press, ©2010
(DLC) 2010006031
(OCoLC)466341382
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Raghuram Rajan
ISBN: 9781400834211 140083421X 9781400839803 1400839807
OCLC Number: 697174425
Awards: Winner of Association of American Publishers/Professional and Scholarly Publishing Awards: Economics 2010
Runner-up for Estoril Global Issues Distinguished Book Prize 2011
Runner-up for Paul A. Samuelson Award 2010
Short-listed for Financial Times/Goldman Sachs Business Book of the Year Award 2010
Winner of Deutsche Bank Prize in Financial Economics 2013
Winner of Financial Times and Goldman Sachs Business Book of the Year Award 2010 (United States)
Winner of Independent Publisher Book Awards in the Finance/Investment/Economics 2011 (United States)
Winner of Association of American Publishers Award for Best Professional/Scholarly Book in Economics 2010 (United States)
Winner of Gold Medal Winner of the ForeWord Reviews Book of the Year Awards in the Business & Economics Category 2010 (United States)
Commended for TIAA-CREF Paul A. Samuelson Award 2010 (United States)
Commended for ForeWord Reviews Book of the Year Awards, Business and Economics Category 2010
Commended for Estoril Global Issues Distinguished Book Prize 2011
Description: 1 online resource (x, 270 pages)
Contents: Let them eat credit --
Exporting to grow --
Flighty foreign financing --
A weak safety net --
From bubble to bubble --
When money is the measure of all worth --
Betting the bank --
Reforming finance --
Improving access to opportunity in America --
The fable of the bees replayed.
Responsibility: Raghuram G. Rajan.

Abstract:

As the world struggles to recover from the financial crisis, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. This  Read more...

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* Raghuram G. Rajan, Winner of the 2013 Deutsche Bank Prize in Financial Economics, The Center for Financial Studies * Winner of the 2010 Business Book of the Year Award, Financial Times and Goldman Read more...

 
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