Description:The recent global financial imbroglio was initially triggered by the sub-prime crisis. But it soon encompassed sub-prime and prime mortgages, home equity loans, real estate, unsecured consumer credit, leveraged loans, municipal bonds, industrial and commercial loans, corporate bonds and derivative markets. Increasing complexity, loss of control and regulation were clearly reflected in debilitated rich world’s financial system, plummeting stock markets, stoppage of inter-bank lending, closure of money and credit markets and failure of many banks. There were large lay-offs, unemployment, poverty, homelessness and social misery. All the advanced economies were characterized not just by recession and a severe financial and banking crisis but also a severe political crisis, a crisis of leadership for capitalism. The chapters in this two-volume book cover a large ground. But they all coalesce into the central theme of global financial meltdown. While bringing out the elements of commonality in various crises, it shows how this was a crisis with a difference and, therefore, coordinated and concerted measures have to be implemented. Thus, an attempt is also made to suggest the way forward by providing meaningful information, critical examination and reflection on various themes of considerable contextual significance. The book raises several questions about the dynamics of economic crisis and their impact, the causative factors, instruments, and institutions involved, the regulatory architecture, policy response and strategic options and choices. The book provides a holistic understanding of the myriad complexities of the recent global financial meltdown in a proper historical and comparative perspective. It aims to develop policy measures towards a more stable and vibrant banking system, the emerging role of central banks and the policy prescriptive implications emanating from the financial meltdown. It will be useful for economists, bankers, policymakers and businessmen. To those who wish to know about the impact of economic meltdown on the socio-economic conditions worldwide including India, the book will provide for a richly rewarding reading.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Global Economic Meltdown 2 Vols. (HB). To get started finding Global Economic Meltdown 2 Vols. (HB), you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Description: The recent global financial imbroglio was initially triggered by the sub-prime crisis. But it soon encompassed sub-prime and prime mortgages, home equity loans, real estate, unsecured consumer credit, leveraged loans, municipal bonds, industrial and commercial loans, corporate bonds and derivative markets. Increasing complexity, loss of control and regulation were clearly reflected in debilitated rich world’s financial system, plummeting stock markets, stoppage of inter-bank lending, closure of money and credit markets and failure of many banks. There were large lay-offs, unemployment, poverty, homelessness and social misery. All the advanced economies were characterized not just by recession and a severe financial and banking crisis but also a severe political crisis, a crisis of leadership for capitalism. The chapters in this two-volume book cover a large ground. But they all coalesce into the central theme of global financial meltdown. While bringing out the elements of commonality in various crises, it shows how this was a crisis with a difference and, therefore, coordinated and concerted measures have to be implemented. Thus, an attempt is also made to suggest the way forward by providing meaningful information, critical examination and reflection on various themes of considerable contextual significance. The book raises several questions about the dynamics of economic crisis and their impact, the causative factors, instruments, and institutions involved, the regulatory architecture, policy response and strategic options and choices. The book provides a holistic understanding of the myriad complexities of the recent global financial meltdown in a proper historical and comparative perspective. It aims to develop policy measures towards a more stable and vibrant banking system, the emerging role of central banks and the policy prescriptive implications emanating from the financial meltdown. It will be useful for economists, bankers, policymakers and businessmen. To those who wish to know about the impact of economic meltdown on the socio-economic conditions worldwide including India, the book will provide for a richly rewarding reading.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Global Economic Meltdown 2 Vols. (HB). To get started finding Global Economic Meltdown 2 Vols. (HB), you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.