All fall down : debt, deregulation and financial crises /
Jane D'Arista.
- xvii, 240 pages ; 25 cm
Includes bibliographical references (pages 223-232) and index.
Unraveling of the 1930s-era framework Deregulation and financial innovation create the context for crisis Building toward crisis in the global economy Debt and the collapse of monetary control An agenda for monetary reform Reforming the privatized international monetary system
"All Fall Down traces the ways in which changes in financial structure and regulation eroded monetary control and led to historically high levels of debt relative to GDP in both developed and emerging economies. Rising stocks of debt drove the global financial system into crisis in 2008 when households, businesses, financial institutions and the public sector in some countries strained to generate sufficient income for debt service. The stagnation and fall in asset prices that followed began the process of unwinding that led to a run on the financial sector by the financial sector."--Back cover.
1788119487 9781788119481 (cased)
2018943993
Finance--United States. Finanzas--Estados Unidos Monetary policy--United States. Politica monetaria--Estados Unidos Financial crises--United States. Crisis financiera--Estados Unidos Global Financial Crisis, 2008-2009. Crisis financiera global, 2008-2009 Financial crises--Effect of monetary policy on. Debt--United States. Deuda --Estados Unidos Debt. Finance. Financial crises. Financial crises--Effect of monetary policy on. Monetary policy. Schulden Öffentliche Schulden Regulierung Geldpolitik