A Critical History of Financial Crises
Why Would Politicians and Regulators Spoil Financial Giants?
Business & Finance, Economics, International Economics, Finance & Investing, Finance
| Author: | Haim Kedar-Levy | ISBN: | 9781908977489 |
| Publisher: | World Scientific Publishing Company | Publication: | November 26, 2015 |
| Imprint: | ICP | Language: | English |
| Author: | Haim Kedar-Levy |
| ISBN: | 9781908977489 |
| Publisher: | World Scientific Publishing Company |
| Publication: | November 26, 2015 |
| Imprint: | ICP |
| Language: | English |
We are pleased to announce that A Critical History of Financial Crises has been included in CHOICE Magazine's Outstanding Academic Title list. Only the most outstanding works have been selected for their excellence in scholarship and presentation, the significance of their contribution to the field, and their value as important — often the first — treatment of their subject. For more information on CHOICE Magazine's Outstanding Academic Title list, please visit the following link: http://www.choice360.org/products/magazine |
"While each financial crisis is unique and has its own special features, there are a lot of similarities in the dynamics leading to a crisis and also in their resolutions. Some of the financial crises are caused by the lack of appropriate regulation, but often the regulators were ignoring the signals of imminent crises, while serving implicitly or explicitly, the financial industry.
In his book, Prof. Kedar-Levy is providing a fresh look at many famous financial crises around the globe, analysing their causes and effects. The special role of regulators is highlighted, including the "Capture Theory" in practice. This book is suitable for economist as well as for those interested in economic history, and for all those concerned with the stability of current international financial markets."
Professor Dan Galai
The Hebrew University, Jerusalem
Contents:
- What are Bubbles and Financial Crises?
- Key Properties of the Financial System and Financial Securities
- Commercial Banking and Banking Crises
- The Roaring Twenties and the US Bubble of 1929?
- The 'Great Depression' in the US
- The Crisis of Confidence in Corporate America, 2001–2004?
- The Internet Bubble
- When Banks Manipulate their Stock Prices: Israel's Systemic Banking Crisis
- The Tequila Crisis and South America's Hangover
- Japan and the East Asian Tigers
- The US Real Estate Bubble
- Incentives, Regulatory Capture and Collapse
- Shadow Banking, the Collapse of Investment Banking, and the Rescue of AIG
- New Regulations
- Global Implications of the Credit Crisis?
- Regulatory Capture and Corruption vs. Integrity and Stability
Readership: Practitioners, undergraduates and graduate students in the fields of economics, business, finance, political science, policy studies, international relations and public policy.
Key Features:
- Covers 10 of the most spectacular financial crises in the past century, drawing relevant comparisons across them
- Explains in clear and intuitive terms fundamental knowledge of finance and macro-economics, as well as what bubbles are and how they are formed
- Highlights the negative externalities (costs) to society that financial giants impose on society as they hamper effective regulations
- Delves deeper into the repercussions on the economy when key players such as the government, investors and firms make the wrong moves, and offers insights on potential remedies
We are pleased to announce that A Critical History of Financial Crises has been included in CHOICE Magazine's Outstanding Academic Title list. Only the most outstanding works have been selected for their excellence in scholarship and presentation, the significance of their contribution to the field, and their value as important — often the first — treatment of their subject. For more information on CHOICE Magazine's Outstanding Academic Title list, please visit the following link: http://www.choice360.org/products/magazine |
"While each financial crisis is unique and has its own special features, there are a lot of similarities in the dynamics leading to a crisis and also in their resolutions. Some of the financial crises are caused by the lack of appropriate regulation, but often the regulators were ignoring the signals of imminent crises, while serving implicitly or explicitly, the financial industry.
In his book, Prof. Kedar-Levy is providing a fresh look at many famous financial crises around the globe, analysing their causes and effects. The special role of regulators is highlighted, including the "Capture Theory" in practice. This book is suitable for economist as well as for those interested in economic history, and for all those concerned with the stability of current international financial markets."
Professor Dan Galai
The Hebrew University, Jerusalem
Contents:
- What are Bubbles and Financial Crises?
- Key Properties of the Financial System and Financial Securities
- Commercial Banking and Banking Crises
- The Roaring Twenties and the US Bubble of 1929?
- The 'Great Depression' in the US
- The Crisis of Confidence in Corporate America, 2001–2004?
- The Internet Bubble
- When Banks Manipulate their Stock Prices: Israel's Systemic Banking Crisis
- The Tequila Crisis and South America's Hangover
- Japan and the East Asian Tigers
- The US Real Estate Bubble
- Incentives, Regulatory Capture and Collapse
- Shadow Banking, the Collapse of Investment Banking, and the Rescue of AIG
- New Regulations
- Global Implications of the Credit Crisis?
- Regulatory Capture and Corruption vs. Integrity and Stability
Readership: Practitioners, undergraduates and graduate students in the fields of economics, business, finance, political science, policy studies, international relations and public policy.
Key Features:
- Covers 10 of the most spectacular financial crises in the past century, drawing relevant comparisons across them
- Explains in clear and intuitive terms fundamental knowledge of finance and macro-economics, as well as what bubbles are and how they are formed
- Highlights the negative externalities (costs) to society that financial giants impose on society as they hamper effective regulations
- Delves deeper into the repercussions on the economy when key players such as the government, investors and firms make the wrong moves, and offers insights on potential remedies
