2007年12月的一本新书。危机时代，值得一读。内容清晰

Fragile Finance: Debt, Speculation and Crisis in the Age of Global Credit

By Anastasia Nesvetailova

Publisher: Palgrave Macmillan
Number Of Pages: 256
Publication Date: 2007-12-10
ISBN-10 / ASIN: 0230006906
ISBN-13 / EAN: 9780230006904
Binding: Hardcover

Fragile Finance inquires into the nature of financial crisis in the era of global credit. The book suggests that financial fragility today stems from an explosive combination of financial innovation, over-borrowing, and progressive illiquidity of financial structures. Drawing on the work of Hyman Minsky, the book examines the role played by these three factors in the events that defined the global financial system during the past decade, and draws on their implications for the emerging paradigm of a global financial architecture.

[此贴子已经被作者于2008-12-14 23:14:31编辑过]