The Global Economic System: How Liquidity Shocks Affect Financial Institutions and Lead to Economic Crises by George Chacko

The Global Economic System: How Liquidity Shocks Affect Financial Institutions and Lead to Economic…

byGeorge Chacko, Carolyn L. Evans, Hans Gunawan...

Kobo ebook | June 8, 2011

Pricing and Purchase Info

$37.29 online 
$46.62 list price save 20%

Available for download

Not available in stores

about

Written for financial professionals, the authors thoroughly explain the modern global credit system; the roles of banks, hedge funds, insurers, central banks, mortgage markets, and other participants; and the credit-related instruments they rely on. In particular, the authors illuminate the crucial importance of liquidity, and show why liquidity failures have been the key cause of all major market crashes for the past several decades. The Global Financial System thoroughly examines economic environments in which slow de-leveraging leads to prolonged sluggish growth, and compares today's environment to other periods of deleveraging, such as the Great Depression and the Japanese economic meltdown of the '90s and '00s. It predicts potential pathways for the current crisis, and offers essential guidance to both policymakers and investment decision-makers.

Title:The Global Economic System: How Liquidity Shocks Affect Financial Institutions and Lead to Economic…Format:Kobo ebookPublished:June 8, 2011Publisher:Pearson EducationLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0132172984

ISBN - 13:9780132172981

Look for similar items by category:

Reviews