Explains the intricacies of the regulatory framework of Basel I and Basel II, the two landmark events in banking regulation which inadvertently laid the foundation for the economic crisis.
In August of 2007, the debt-fuelled bubble that had created an illusion of prosperity across the western world burst, leading to an international financial crisis of unprecedented scale and duration. Nevin analyses the causes of the crisis in clear and understandable terms, and explains why successive ...
This book provides an authoritative account of the economic and political roots of the 2008 financial crisis, examining why it was triggered in the United States and its lasting impact on both the American and global economies.
