From Financial Crisis to Global Recovery

Kobo ebook | May 10, 2011

byPadma Desai

not yet rated|write a review
Using the same presentation and detail that has earned her such wide-ranging acclaim for her previous books, Padma Desai explains in a course-friendly way the complexities of economic policy and financial reform. She merges a compelling narrative with scholarly research to teach and to engage the reader. Paul Krugman described Desai's 2003 volume, Financial Crisis, Contagion, and Containment: From Asia to Argentina, as the "best book yet on financial crises." Her most recent work on Russian reform was a "pick of 2006" by the Financial Times.

Desai begins with a systematic breakdown of the factors leading to America's recent recession, describing the monetary policy, tax practices, subprime mortgage scandals, and lax regulation that contributed to crisis. She discusses the Treasury-Fed rescue deals that saved several financial institutions and the involvement of Congress in passing restorative policies. The distinguished scholar follows with an analysis of stress tests and other economic measures and investigates whether the U.S. economy is truly on the mend. Widening her view, she considers the prospects for recovery in North America as a whole, as well as Europe, Asia, and South America, and the extent and value of U.S. and E.U. regulatory proposals. Refocusing on American financial practices, Desai evaluates hedge funds and derivatives, credit default swaps, and rating agencies and discusses whether the dollar can remain a reserve currency. She concludes with a historical comparison of the Great Depression and the Great Recession and a look at the effect of the economic collapse on future American capitalism.

Pricing and Purchase Info

$34.69 online
$44.99 list price (save 22%)
Available for download
Not available in stores

From the Publisher

Using the same presentation and detail that has earned her such wide-ranging acclaim for her previous books, Padma Desai explains in a course-friendly way the complexities of economic policy and financial reform. She merges a compelling narrative with scholarly research to teach and to engage the reader. Paul Krugman described Desai's ...

Padma Desai is the Gladys and Roland Harriman Professor of Comparative Economic Systems and director of the Center for Transition Economies at Columbia University. She has served as president of the Association for Comparative Economic Studies and as advisor to the Russian Finance Ministry for the U.S. Treasury. She is the author of ...

other books by Padma Desai

From England with Love: An Indian Student Writes from Cambridge (1926–27)
From England with Love: An Indian Student Writes from C...

Kobo ebook|Nov 1 2014

$22.39 online$28.98list price(save 22%)
Financial Crisis, Contagion, and Containment: From Asia to Argentina
Financial Crisis, Contagion, and Containment: From Asia...

Kobo ebook|Nov 23 2014

$30.29 online$39.30list price(save 22%)
see all books by Padma Desai
Format:Kobo ebookPublished:May 10, 2011Publisher:Columbia University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0231527748

ISBN - 13:9780231527743

Look for similar items by category:

Customer Reviews of From Financial Crisis to Global Recovery

Reviews

Extra Content

Editorial Reviews

Padma Desai explains in a friendly manner how a systematic breakdown of factors led to the current recession