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The stunning collapse of the thrift industry, the major stock slump of 1987, rising corporate debt, wild fluctuations of currency exchange rates, and a rash of defaults on developing country debts have revived fading memories of the Great Depression and fueled fears of an impending economic crisis. Under what conditions are financial markets vulnerable to disruption and what economic consequences ensue when these markets break down? In this accessible and thought-provoking volume, Benjamin M. Friedman investigates the origins of financial crisis in domestic capital markets, Paul Krugman examines the international origins and transmission of financial and economic crises, and Lawrence H. Summers explores the transition from financial crisis to economic collapse. In the introductory essay, Martin Feldstein reviews the major financial problems of the 1980s and discusses lessons to be learned from this experience. The book also contains provocative observations by senior academics and others who have played leading roles in business and government.
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In this accessible and thought-provoking volume, this author investigates the origins of financial crises in domestic capital markets. The book also contains provocative observations by senior academics and others who have played leading roles in business and government.
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Book Description University Of Chicago Press, 1991. Hardcover. Condition: Fine. Dust Jacket Condition: Fine Dust Jacket. 207 pp. National Bureau of Economic Research Conference Report. We specialize in fine books in collectible condition. Orders are professionaly packaged and shipped promptly. W43. Seller Inventory # 64722
Book Description University Of Chicago Press. Hardcover. Condition: GOOD. Spine creases, wear to binding and pages from reading. May contain limited notes, underlining or highlighting that does affect the text. Possible ex library copy, will have the markings and stickers associated from the library. Accessories such as CD, codes, toys, may not be included. Seller Inventory # 3028804951
Book Description THE UNIVERSITY OF CHICAGO, CHICAGO, 1991. PAPER BACK BLUE. Condition: GOOD. general shelf wear DATE PUBLISHED: 1991 EDITION: 196. Seller Inventory # 090861
Book Description University Of Chicago Press, 1991. Hardcover. Condition: Good. Seller Inventory # SONG0226240908
Book Description University of Chicago Press, Chicago, Illinois, USA. & London, 1991. Hardcover. Condition: Good. No Jacket. x, 197 p. Seller Inventory # GU3919