Time for a visible hand : lessons from the 2008 world financial crisis / edited by Stephany Griffith-Jones, Jose Antonio Ocampo, and Joseph E. Stiglitz.

Format:

Book

Contributor:

Griffith-Jones, Stephany.

Ocampo, Jose Antonio.

Stiglitz, Joseph E.

Series:

Initiative for policy dialogue series.

The Initiative for Policy Dialogue series

Language:

English

Subjects (All):

Global Financial Crisis, 2008-2009.

Financial crises--Prevention.

Physical Description:

1 online resource (375 p.)

Edition:

1st ed.

Place of Publication:

Oxford : Oxford University Press, 2010.

Summary:

The financial crisis, which originated in developed country financial markets, has spread to developing countries and has turned into a global financial meltdown. Governments and Central Banks-though taking many and costly measures-seem powerless to stop the crisis. In light of this major global crisis that is hurting economies across the globe, this highly topical book focuses on the transparency and regulatory measures that become desirable after the current crisis; theimplications of both the crisis and regulatory discussions for developing and developed economies; and reforms in the global

Contents:

Contents; List of Figures; List of Tables; Contributors; Acronyms; 1. Introduction; Part I. The Crisis in the United States; 2. The Financial Crisis of 2007-8 and its Macroeconomic Consequences; 3. Sub-Prime Finance: Yes, We are Still in Kansas; 4. Background Considerations to a Re-Regulation of the US Financial System: Third Time a Charm? Or Strike Three?; 5. Responding to the Crisis; Part II. Reforming Financial Regulation; 6. Central Banks, Liquidity, and the Banking Crisis; 7. Agenda and Criteria for Financial Regulatory Reform

8. The Role of Policy and Banking Supervision in the Light of the Credit Crisis9. How, If At All, Should Credit Rating Agencies (CRAs) Be Regulated?; 10. Credit Default Swaps: The Key to Financial Reform; 11. Governing the Global Regulatory System; Part III. Developing Country Perspectives; 12. The Management of Capital Flows and Financial Vulnerability in Asia; 13. Regulation of the Financial Sector in Developing Countries: Lessons from the 2008 Financial Crisis; 14. Economic Development and the International Financial System

15. The Accumulation of International Reserves as a Defense StrategyPart IV. Reforming the Global Monetary System; 16. Reforming the Global Reserve System; 17. A Modest Proposal for International Monetary Reform; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; Q; R; S; T; U; V; W

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

0-19-161042-9

1-282-49070-2

9786612490705

0-19-157370-1

OCLC:

609850394