9780691146836 - Fault Lines

Fault Lines

In 'Fault Lines', Raghuram G Rajan delves deep into the underlying causes of the financial crisis that shook the world in 2008. With a keen analytical eye, Rajan, a former chief economist at the International Monetary Fund, identifies the fault lines in the global economy that made it vulnerable to collapse. The book explores how income inequality, political pressures, and flawed financial systems contributed to the crisis. Rajan argues that these fault lines continue to threaten global economic stability, offering a provocative analysis of the challenges facing the world economy. His insights are grounded in extensive research and a deep understanding of economic principles, making 'Fault Lines' a must-read for anyone interested in the forces shaping our economic future.

Beschikbare exemplaren

€13.95
ALS NIEUW
Auteur Raghuram G Rajan
ISBN 9780691146836
Bindwijze Hardcover
Tags Economics financial crisis Raghuram G Rajan global economy income inequality

'Fault Lines' by Raghuram G Rajan is a compelling examination of the economic disparities and systemic risks that led to the 2008 financial crisis. Rajan's expertise shines through as he meticulously dissects the interconnected factors that precipitated the downturn, from the widening gap between the rich and poor to the dangerous incentives within the financial sector. While some critics argue that Rajan's solutions are overly idealistic, his diagnosis of the problems is widely respected. The book's strength lies in its ability to make complex economic concepts accessible to a broad audience, though some readers may find the detailed analysis daunting. Despite these minor criticisms, 'Fault Lines' remains an essential read for understanding the precarious foundations of the global economy.

'Fault Lines' by Raghuram G Rajan presents a thorough analysis of the economic and political fissures that led to the 2008 financial crisis. Rajan identifies key vulnerabilities, including rising income inequality, the politicization of credit expansion, and the failure of financial institutions to manage risk. He warns that without significant reforms, these fault lines could lead to further instability. The book is not just a critique but also offers thoughtful recommendations for creating a more resilient economic system. Rajan's arguments are supported by a wealth of data and historical examples, making his case both persuasive and enlightening. 'Fault Lines' is a critical resource for policymakers, economists, and anyone concerned with the future of the global economy.