Fixing Financial Crises in the 21st Century

Name: Fixing Financial Crises in the 21st Century
Brand: Taylor & Francis

Taylor & Francis

Fixing Financial Crises in the 21st CenturyAuthor(s): Andrew Haldane\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9780415327602, 978-0415327602\nSynopsis\nFinancial crises have dogged the international monetary system over recent years. They have impoverished millions of people around the world, especially within developing countries. And they have called into question the very process of globalisation. Yet there remains no intellectual consensus on how best to avert such crises much less resolve them. Policymakers stand at a crossroads.\n\nThis volume summarises and evaluates these issues, drawing on contributions by prominent international experts in the field. It considers whether the IMF may have actually fanned the flames of future crises through its lending decisions. It assesses the contribution made by private creditors in resolving past crises and asks what mechanisms might best be used to involve private creditors in.