Home » Crises and Opportunities: The Shaping of Modern Finance by Youssef Cassis
Crises and Opportunities: The Shaping of Modern Finance Youssef Cassis

Crises and Opportunities: The Shaping of Modern Finance

Youssef Cassis

Published April 7th 2011
ISBN : 9786613950307
ebook
217 pages
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 About the Book 

As the worlds political and economic leaders struggle with the aftermath of the Financial Debacle of 2008, this book asks the question: have financial crises presented opportunities to rebuild the financial system? Examining eight global financial crises since the late nineteenth century, this new historical study offers insights into how the financial landscape - banks, governance, regulation, international cooperation, and balance of power - has been (or failed to be) reshaped after a systemic shock. It includes careful consideration of the Great Depression of the 1930s, the only experience of comparable moment to the recession of the early twenty-first century, yet also marked in its differences. Taking into account not only the economic and business aspects of financial crises, but also their political and socio-cultural dimensions, the book highlights both their idiosyncrasies and common features, and assesses their impact in the broader context of long-term historical development.