000			03780cam a22004694a 4500
999			_c112823 _d112823
003			BJBSDDR
005			20230411090125.0
007			ta
008			110120s2011 nyua b 001 0 eng
020			_a9780231157865 (cloth : alk. paper)
020			_a023115786X (cloth : alk. paper)
020			_a9780231527743 (ebook)
020			_a0231527748 (ebook)
035			_a(OCoLC)ocn693812308
040			_aDLC _cDLC _bspa
041			_aeng
042			_apcc
043			_an-us---
050	0	0	_aHB 3717 _bD441f 2011
082	0	0	_a330.973 _222
100	1		_aDesai, Padma, _d1931-
245	1	0	_aFrom financial crisis to global recovery / _cPadma Desai.
260			_aNew York : _bColumbia University Press, _cc2011.
300			_axvi, 254 p. : _bill. ; _c24 cm.
504			_aIncludes bibliographical references and index.
505	0		_aFinancial crisis origin -- Banking sector stress tests: United States versus the European Union -- Is the U.S. economy on the mend? -- Global recovery prospects: North America and Europe, Asia, and South America -- Hedge funds and derivatives, credit default swaps, and rating agencies -- U.S. and EU regulatory proposals: how strict? How cooperative? -- Will the dollar remain a reserve currency? -- The Great Depression and the current financial crisis -- The future of American capitalism.
520			_a Using the same presentation and detail that has earned her such wide-ranging acclaim for her previous books, Padma Desai explains in a course-friendly way the complexities of economic policy and financial reform. She merges a compelling narrative with scholarly research to teach and to engage the reader. Paul Krugman described Desai's 2003 volume, Financial Crisis, Contagion, and Containment: From Asia to Argentina, as the "best book yet on financial crises." Her most recent work on Russian reform was a "pick of 2006" by the Financial Times. Desai begins with a systematic breakdown of the factors leading to America's recent recession, describing the monetary policy, tax practices, subprime mortgage scandals, and lax regulation that contributed to crisis. She discusses the Treasury-Fed rescue deals that saved several financial institutions and the involvement of Congress in passing restorative policies. The distinguished scholar follows with an analysis of stress tests and other economic measures and investigates whether the U.S. economy is truly on the mend. Widening her view, she considers the prospects for recovery in North America as a whole, as well as Europe, Asia, and South America, and the extent and value of U.S. and E.U. regulatory proposals. Refocusing on American financial practices, Desai evaluates hedge funds and derivatives, credit default swaps, and rating agencies and discusses whether the dollar can remain a reserve currency. She concludes with a historical comparison of the Great Depression and the Great Recession and a look at the effect of the economic collapse on future American capitalism
650		0	_aGlobal Financial Crisis, 2008-2009.
650		0	_aFinancial crises _zUnited States.
650		0	_aRecessions _zUnited States.
650		4	_aCrisis financiera global, 2008-2009 _9408
650		0	_aCrisis financiera _zEstados Unidos _988
650		4	_aCrisis económica _zEstados Unidos _9693
651		0	_aUnited States _xEconomic conditions _y2009-
651		0	_aUnited States _xEconomic policy _y2009-
651		4	_aEstados Unidos _xCondiciones económicas _y2009- _91552
651		4	_aEstados Unidos _xPolítica económica _y2009- _9843
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
942			_2lcc _cBK
946			_idpf