{"product_id":"9781780230924","title":"The Global Economic Crisis: A Chronology","description":"\u003cbr\u003eFrom Greece scrambling to meet Eurozone austerity measures to America’s sluggish job growth, there is every indication that the world has not recovered from the economic implosion of 2008. And for many of us, the details of what led to the recession—and why it has continued—remain murky. Economic historian Larry Allen clears up the subject in \u003ci\u003eThe Global Economic Crisis\u003c\/i\u003e, offering an insightful and nonpartisan chronology of events and their consequences. Illuminating the interlocked economic processes that lay beneath the crisis, he analyzes the changing nature of the global financial system, central bank policies, housing bubbles, deregulation, sovereign debt crises, and more.\u003cbr\u003e \u003cbr\u003eAllen begins the timeline with the economic crisis in Japan in the late 1990s, asking whether Japan’s experience could be an indicator of the outcome of the recession and what it can teach us about managing a sluggish economy. He then takes a comparative look at the economies of Brazil, China, and India. Throughout, he argues that many elements have contributed to the ongoing crisis, including the introduction of the euro, the growth of new financial instruments such as securitization, collateralized debt obligations and credit default swaps, interest rate policies, and the housing boom and subprime mortgage fiasco.\u003cbr\u003e \u003cbr\u003eLucid and informative, \u003ci\u003eThe Global Economic Crisis\u003c\/i\u003e provides an impartial explanation to anyone seeking to understand the current state—and future—of the world’s economy.","brand":"Reaktion Books, Limited","offers":[{"title":"Default Title","offer_id":47038906892528,"sku":"9781780230924","price":27.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781780230924_p0.jpg?v=1763711895","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781780230924","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}