RRP: £18.99
Publisher: YALE UNIVERSITY PRESS
Publication Date : 28/12/2008
Hardback
In stock, usually despatched within 24 hours.
Guardian Bookshop Notes:
The globalisation of finance should have brought substantial benefits, but in practice it brought a series of devastating currency and banking crises in the 1980s and 90s. Is there a chance for global financial stability?
Publisher's description:
The US is the world's most credit worthy borrower. But as its external deficit exploded, so did the domestic borrowing of US households, stimulated by rising house prices. The result was the subprime mortgage crisis of 2007.
ISBN: 9780300142778