Fragile Finance: Debt, Speculation and Crisis in the Age of Global Credit (Palgrave Macmillan Studies in Banking and Financial Institutions) / A. Nesvetailova

Book Cover Fragile Finance: Debt, Speculation and Crisis in the Age of Global Credit (Palgrave Macmillan Studies in Banking and Financial Institutions)
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/ A. Nesvetailova
Publisher: Palgrave Macmillan
Availability:Usually ships in 1-2 business days
Sales Rank: 5073351
ISBN-10: 0230006906
ISBN-13: 9780230006904


Fragile Finance examines financial crisis in the era of global credit. Drawing on the work of Hyman Minsky, the book discusses the global financial system over the past decade, suggesting that financial fragility stems from an explosive combination of financial innovation, over-borrowing, and progressive illiquidity of financial structures.
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