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International Debt: Economic, Financial, Monetary, Political and Regulatory Aspects (Palgrave Macmillan Studies in Banking and Financial Institutions)

International Debt: Economic, Financial, Monetary, Political and Regulatory Aspects (Palgrave Macmillan Studies in Banking and Financial Institutions) Authors:
Publisher:
Year:2012
Serie:
Pages:280
Sizes:
Price:10567 rub.
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Book Summary:
This book provides an up-to-date, in-depth analysis of the nature of the international debt issue, the current situation, and of the way out of the current profound crisis. Written by an international group of outstanding academic and policy experts, several of whom have provided information and advice to policy makers, for example, in the Basel process of reform in international banking rules re-launched in the wake of the "subprime crisis" and in the Greek debt-restructuring, one of the largest such operations ever undertaken.The current debt crisis is the result and the latest manifestation of the distortions, excesses and recurring crises of the international monetary and financial system that had marked the four decades since the early 1970s. Ultimately, the crisis that broke out into the open, on an unprecedented scale in September 2008 with the collapse of Lehman Brothers, threatened the very foundations of global finance and of the open liberal international economic order....

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