Surviving large losses : financial crises, the middle class, and the development of capital markets / Philip T. Hoffman, Gilles Postel-Vinay, Jean-Laurent Rosenthal.

Format:

Book

Author/Creator:

Hoffman, Philip T., 1947-

Contributor:

Postel-Vinay, Gilles.

Rosenthal, Jean-Laurent.

Language:

English

Subjects (All):

Financial crises.

Middle class.

Capital market.

Economic policy.

Physical Description:

1 online resource (272 p.)

Edition:

1st ed.

Place of Publication:

Cambridge, MA : Belknap Press of Harvard University Press, 2007.

Language Note:

English

Summary:

When financial institutions collapse, new ones take their place, shaping markets for generations to come. This book explains why financial crises occur, why their effects last so long, and what political and economic conditions can help countries both rich and poor survive, and even prosper, in the aftermath.

Contents:

Frontmatter

Contents

Acknowledgments

Introduction

CHAPTER 1. The Political Economy of Financial Crises

CHAPTER 2. Information and Crises

CHAPTER 3. Crises and the Middle Class

CHAPTER 4. What Happens after Crises

CHAPTER 5. Financial Intermediaries and the Demand for Change

CHAPTER 6. Governments and the Demand for Reform

Conclusion: The Lessons of History

Notes

References

Index

Notes:

Description based upon print version of record.

Includes bibliographical references (p. 239-254) and index.

ISBN:

0-674-03871-1

OCLC:

1049622890