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Journal of Economic Literature - Book Review
JEL Volume. 50, Issue 2 |
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Reviewed by: Kenneth Kuttner of Williams College
Review DOI: 10.1257/jel.50.2.513.r9
Review Pages: 527-29
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JEL Forthcoming Articles
JEL Indexes (Members Only)Book(s) Reviewed
From Financial Crisis to Global Recovery by Padma Desai
Published By: New York and Chichester: Columbia University Press
ISBN: 978-0-231-15786-5
Date of Publication: 2011
Published By: New York and Chichester: Columbia University Press
ISBN: 978-0-231-15786-5
Date of Publication: 2011
Book Review Detail
Reviewed by: Kenneth Kuttner of Williams College
Review DOI: 10.1257/jel.50.2.513.r9
Review Pages: 527-29
Book Review Abstract
Kenneth Kuttner of Williams College reviews "From Financial Crisis to Global Recovery" by Padma Desai. The EconLit abstract of the reviewed work begins: Presents an introduction for economics and finance undergraduate students to the financial crisis, using a combination of scholarly research and narrative. Discusses the financial crisis origin; banking sector stress tests—the United States versus the European Union; whether the U.S. economy is on the mend; global recovery prospects—North America and Europe, Asia, and South America; hedge funds and derivatives, credit default swaps, and rating agencies; U.S. and EU regulatory proposals—how strict and how cooperative; the dollar's future as a reserve currency; the Great Depression and the current financial crisis; and the future of American capitalism. Desai is Gladys and Roland Harriman Professor of Comparative Economic Systems and Director of the Center for Transition Economies at Columbia University. Index.
Book Review Full-Text Access
Book Review Authors
Kenneth Kuttner of Williams College
JEL Classifications
A22: Economic Education and Teaching of Economics: Undergraduate
E32: Business Fluctuations; Cycles
E44: Financial Markets and the Macroeconomy
G01: Financial Crises
G21: Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages; Foreclosures
G24: Investment Banking; Venture Capital; Brokerage; Ratings and Ratings Agencies
G28: Financial Institutions and Services: Government Policy and Regulation
E32: Business Fluctuations; Cycles
E44: Financial Markets and the Macroeconomy
G01: Financial Crises
G21: Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages; Foreclosures
G24: Investment Banking; Venture Capital; Brokerage; Ratings and Ratings Agencies
G28: Financial Institutions and Services: Government Policy and Regulation

