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 ...
A compelling portrait of the development of the financial crisis from the perspective of a real insider and policy-maker. Field makes use of an almost unparalleled network of contacts in the world of finance and commerce to give us a lucid and timely guide to understanding what the issues were and still are.
Through the tools of economics, Annunziata's vivid and gripping book shows how the global financial crisis was caused by a failure of leadership and common sense in which we all played a role. The insights of this clear and compelling analysis are essential for learning the right lessons from the crisis, and seeing new threats around the corner.