Fault lines: how hidden fractures still threaten the world economy

By:

Rajan, Raghuram

Material type: Text

TextPublication details: Collins Business 2010 IndiaDescription: 274ISBN:

9788172239732

Subject(s):

DDC classification:

330.90511 RAJ

Summary: "Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Rajan shows how the individual choices that collectively brought about the economic meltdown--made by bankers, government officials, and ordinary homeowners--were rational responses to a flawed global financial order in which the incentives to take on risk are incredibly out of step with the dangers those risks pose. He traces the deepening fault lines in a world overly dependent on the indebted American consumer to power global economic growth and stave off global downturns. He exposes a system where America's growing inequality and thin social safety net create tremendous political pressure to encourage easy credit and keep job creation robust."

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode
Books	Symbiosis Institute of Business Management - Hyderabad General	General Bo	330.90511 RAJ (Browse shelf(Opens below))	Available		SIBMH-B-10202
Books	Symbiosis Institute of Business Management - Hyderabad General	General Bo	330.90511 RAJ (Browse shelf(Opens below))	Available		SIBMH-B-1279

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Previous	330.9 FRA Growth and innovation of competitive regions:	330.903 BAT A history of the global economy: from 1500 to the present	330.9049 DRU Post capitalist society	330.90511 RAJ Fault lines: how hidden fractures still threaten the world economy	330.90511 RAJ Fault lines: how hidden fractures still threaten the world economy	330.934 MIT Kautilya's Arthashastra: the classical roots of modern politics in India	330.934 PRI Kautilya's Arthshashtra:	Next

"Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Rajan shows how the individual choices that collectively brought about the economic meltdown--made by bankers, government officials, and ordinary homeowners--were rational responses to a flawed global financial order in which the incentives to take on risk are incredibly out of step with the dangers those risks pose. He traces the deepening fault lines in a world overly dependent on the indebted American consumer to power global economic growth and stave off global downturns. He exposes a system where America's growing inequality and thin social safety net create tremendous political pressure to encourage easy credit and keep job creation robust."

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