Reform of the International Monetary System

Reform of the International Monetary System

The Palais Royal Initiative

eBook - 2011
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September 2008 saw the United States financial system at the edge of collapse, with the tightly integrated global financial system following close behind. But that was only a symptom of the problems that generated the ensuing crisis. The more fundamental cause lay in some of the practices that had developed in many of the major financial institutions. The emergence of perverse incentives helped create a credit bubble that eventually burst. But even these failures of the financial system, by themselves, would have been unlikely to cause a crisis of the scale that the world confronted. The crisi.
Publisher: New Delhi, India ; Thousand Oaks, Calif. : SAGE Publications, 2011
ISBN: 9788132109150
Characteristics: 1 online resource (xxiv, 358 pages) : illustrations
Additional Contributors: Boorman, Jack
Icard, André


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