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The First Credit Market Turmoil of the 21st Century
Douglas Darrell Evanoff
Philipp Hartmann
George G. Kaufman
出版
World Scientific
, 2009
主題
Business & Economics / Finance / General
Business & Economics / Banks & Banking
Business & Economics / Economics / General
ISBN
981428047X
9789814280471
URL
http://books.google.com.hk/books?id=udJpDQAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
Since the summer of 2007, credit markets in almost all industrial countries have been in substantial turmoil and this has become the focus of intense policy debates. The papers in this volume are contributed by the world's leading financial experts and constitute a thorough examination of the first credit market turmoil of the 21st Century. They provide an overview of the main causes, transmission mechanisms and economic implications of what by now has become a major systemic financial crisis. They assess the most important policy considerations and conclude about how to stabilize financial systems, attenuate repercussions on the real economy and shape future regulatory structures. The analyses, conclusions, and recommendations can be expected to influence both public and private policies to mitigate, if not prevent, such crises in the future.