European University Institute Library

A Concise History of International Finance, From Babylon to Bernanke, Larry Neal

Label
A Concise History of International Finance, From Babylon to Bernanke, Larry Neal
Language
eng
Index
index present
Literary Form
non fiction
Main title
A Concise History of International Finance
Medium
electronic resource
Nature of contents
dictionaries
Oclc number
960999230
Responsibility statement
Larry Neal
Series statement
New approaches to economic and social historyCambridge Social Sciences eBooks
Sub title
From Babylon to Bernanke
Summary
Ever since the financial crisis of 2008, doubts have been raised about the future of capitalism. In this broad-ranging survey of financial capitalism from antiquity to the present, Larry Neal reveals the ways in which the financial innovations throughout history have increased trade and prosperity as well as improving standards of living. These innovations have, however, all too often led to financial crises as a result of the failure of effective coordination among banks, capital markets, and governments. The book examines this key interrelationship between financial innovation, government regulation and financial crises across three thousand years, showing through past successes and failures the key factors that underpin any successful recovery and sustain economic growth. The result is both an essential introduction to financial capitalism and also a series of workable solutions that will help both to preserve the gains we have already achieved and to mitigate the dangers of future crises.--, Provided by publisher
Content
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