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dc.contributor.editorGrant, Wyn
dc.contributor.editorWilson, Graham K.
dc.date.issued2012
dc.date.submitted2013-12-31 23:55:55
dc.date.submitted2018-10-03 09:09:28
dc.date.submitted2020-04-01T14:58:40Z
dc.identifier453476
dc.identifierOCN: 1030815777
dc.identifierhttp://library.oapen.org/handle/20.500.12657/33857
dc.identifier.urihttps://directory.doabooks.org/handle/20.500.12854/32453
dc.description.abstractThe 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.
dc.languageEnglish
dc.rightsopen access
dc.subject.classificationbic Book Industry Communication::J Society & social sciences::JP Politics & government
dc.subject.classificationbic Book Industry Communication::K Economics, finance, business & management::KC Economics::KCP Political economy
dc.subject.classificationbic Book Industry Communication::K Economics, finance, business & management::KJ Business & management
dc.subject.otherneoliberalism
dc.subject.otherstructural change
dc.subject.otherfinancial regulation
dc.subject.otherglobal financial crisis
dc.subject.otherChina
dc.subject.otherInternational Monetary Fund
dc.subject.otherNon-commercial activity
dc.subject.otherUnited States
dc.titleConsequences of the Global Financial Crisis
dc.typebook
oapen.identifier.doi10.1093/acprof:oso/9780199641987.001.0001
oapen.relation.isPublishedBydb4e319f-ca9f-449a-bcf2-37d7c6f885b1
virtual.oapen_relation_isPublishedBy.publisher_nameOxford University Press
virtual.oapen_relation_isPublishedBy.publisher_websitehttp://ukcatalogue.oup.com
oapen.relation.isFundedByOAPEN-UK
oapen.collectionOAPEN-UK
oapen.pages287
dc.relationisFundedBy780772a6-efb4-48c3-b268-5edaad8380c4


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open access
Except where otherwise noted, this item's license is described as open access