Bringing together a range of expert contributions, this book is the first to address the relationship between the economic crisis and social policy within an international context. The key lesson to emerge is that 'the crisis' is better understood as a variety of crises, each mediated by national context.
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.
The global financial crisis of 2008-09 did not just change the global economic order. It also changed the way we think about that order. Principles and practices that were once accepted wisdom are now in doubt or discredited. New, fundamental questions opened. And the search for answers has barely begun. ...
