The great recession : history, ideology, hubris and nemesis / Michael Heng Siam-Heng.

Format:

Book

Author/Creator:

Heng, Michael S. H., 1948-

Language:

English

Subjects (All):

Global Financial Crisis, 2008-2009.

Physical Description:

1 online resource (285 p.)

Edition:

1st ed.

Place of Publication:

Hackensack, N.J. : World Scientific, c2010.

Language Note:

English

Summary:

Many books on the 2008 financial crisis and the current recession focus on the financial sector. Unlike them, this book takes the real economy as the starting point and it situates the downturn within the societal context over the last several decades. Important elements of the story include global manufacturing overcapacity and declining profitability, failure of advanced industrial economies to make a quantum jump in discoveries and innovations across a broad range of technologies, ascent of neo-liberalism after the fall of the Berlin Wall, the Asian financial crisis, the Japanese ""lost dec

Contents:

Contents; Preface; Chapter 1 Introduction; Chapter 2 From Berlin Wall to Wall Street; Chapter 3 A Tale of Two Crises; Chapter 4 Insights from Japan's "Lost Decade"; Chapter 5 Special Features of the 2008 Crisis; Chapter 6 Bonfire of Financial Excesses; Chapter 7 The Moral Economy; Chapter 8 A New Financial Landscape?; Chapter 9 Globalization and All That; Chapter 10 Don't Waste the Crisis; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

9786613144706

9781283144704

1283144700

9789814313414

9814313416

OCLC:

743691783