Fragile finance: debt, speculation and crisis in the age of global credit
Auteur :
Nesvetailova, A.
Éditeur :
Palgrave Macmillan
ISBN :
9781349282722
Date de publication :
1 janv. 2007
Dimensions :
21,6 x 14,0 cm
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Fragile Finance examines financial crisis in the era of global credit. Drawing on the work of Hyman Minsky, the book discusses the global financial system over the past decade, suggesting that financial fragility stems from an explosive combination of financial innovation, over-borrowing, and progressive illiquidity of financial structures.