The Economic Crisis and the State of Economics brings together leading economists from a diverse set of backgrounds and presents their take on how economics can explain the current crisis but also how the crisis will affect economic thought.
Through an examination of the lives of several Americans and leading public figures over the past three decades, Packer portrays a superpower in danger of coming apart at the seams, its elites no longer elite, its institutions no longer working, its ordinary people left to impro…
This edited volume will highlight recent research in derivatives modelling and markets in a post-crisis world across a number of dimensions or themes. The book addresses the following main areas: derivatives models & pricing, model application & performance backtesting, new prod…
Highlights research in derivatives modelling and markets in a post-crisis world across a number of dimensions or themes. This book addresses the following main areas: derivatives models and pricing, model application and performance backtesting, and new products and market featu…
The financial crisis hit the global economy unexpectedly from August 2007 producing consequences comparable to the ones experienced in the course of the 1930s. This book provides a comprehensive interdisciplinary account of the events leading to the financial crisis, its institu…
In a time of widespread crisis and uncertainty in the banking world, this interview-based book analyzes how bank management is reassessing strategic models. The current banking crisis has tested every dimension of banking and created maximum uncertainty for its future - yet bank…
"This text comprises a selection of papers that provide state-of-the-art insights into research focusing on dimensions of bank strategy, governance and the role of credit rating agencies that were presented at the European Association of University Teachers of Banking and Financ…
The Global Curse of the Federal Reserve demonstrates how severe monetary instability created by the Federal Reserve through the last 100 years has been the source of global economic crisis and geo-political breakdown. Flawed monetary practice and principles have been responsible…
"The global financial and economic crisis has brought about many effects that are still difficult to interpret univocally. This book studies the consequences of the crisis on Europe by examining the effects on the European institutional setup, governance and architecture and by …
The 2008 financial and economic crisis has had a severe impact on the world economy and in Europe in particular. The negative consequences of the crisis may be much worse in Europe than in the US, despite the fact that both the US and the European countries have been obliged to …
High-stakes, catastrophic, risk potentials are by their very nature terminal and irreversible: We don't get a second-chance. Suggestions that we treat these risks as we do the "statistical" risks we face, using simple cost/ benefit analyses based on averages, just don't make sen…
The financial crisis is destroying wealth but is also a remarkable opportunity to uncover the ways by which debt can be used to regulate the economic system. This book uses four case studies of cooperatives to give an in-depth analysis on how they have braved the crisis and cont…
"The financial crisis is destroying wealth but is also a remarkable opportunity to uncover the ways by which debt can be used to regulate the economic system. This book uses four case studies of cooperatives to give an in-depth analysis on how they have braved the crisis and con…
Restructuring the balance sheets of Western governments, banks and households is an important issue in the recovery after the recent crisis. This book focuses on sovereign debt, sovereign risk and the developing economic and financial business climate and explains why the year o…
The current crisis is emerging as the most severe downturn since the Great Depression. This book examines its cause, the efforts to contain the crisis and proposes a cure that will limit the risk that such crises could recur in the future.