Surviving Large Losses Financial Crises, the Middle Class, and the Development of Capital Markets |
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Author:
| Hoffman, Philip T. Postel-Vinay, Gilles Rosenthal, Jean-Laurent |
ISBN: | 978-0-674-03636-9 |
Publication Date: | Oct 2009 |
Publisher: | Harvard University Press
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Imprint: | Belknap Press |
Book Format: | Paperback |
List Price: | USD $30.00 |
Book Description:
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When financial institutions collapse, new ones take their place, shaping markets for generations to come. This book explains why financial crises occur, why their effects last so long, and what political and economic conditions can help countries both rich and poor survive, and even prosper, in the aftermath.
When financial institutions collapse, new ones take their place, shaping markets for generations to come. This book explains why financial crises occur, why their effects last so long, and what political and economic conditions can help countries both rich and poor survive, and even prosper, in the aftermath.