A Global History of the Financial Crash of 2007–10
eBook - PDF

A Global History of the Financial Crash of 2007–10

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

A Global History of the Financial Crash of 2007–10

About this book

We have just experienced the worst financial crash the world has seen since the Great Depression of the 1930s. While real economies in general did not crash as they did in the 1930s, the financial parts of the economy certainly did, or, at least, came very close to doing so. Hundreds of banks in the United States and Europe have been closed by their supervisory authorities, forcibly merged with stronger partners, nationalized or recapitalized with the tax payers' money. Banks and insurance companies had, by mid 2010, already written off some 2000 billion dollars in credit write-downs on loans and securities. In this book, Johan Lybeck draws on his experience as both an academic economist and a professional banker to present a detailed yet non-technical analysis of the crash. He describes how the crisis began in early 2007, explains why it happened and shows how it compares to earlier financial crises.

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Yes, you can access A Global History of the Financial Crash of 2007–10 by Johan A. Lybeck in PDF and/or ePUB format, as well as other popular books in Business & Finance. We have over one million books available in our catalogue for you to explore.

Information

Table of contents

  1. Cover
  2. A Global History of the Financial Crash of 2007–2010
  3. Title
  4. Copyright
  5. Contents
  6. Figures
  7. Tables
  8. Preface
  9. Acknowledgments
  10. Abbreviations
  11. 1: Introduction
  12. 2: Financial crises in the USA and Europe, but not in Asia
  13. 3: Could today’s financial crisis have been foreseen?
  14. 4: The US housing market and the subprime crisis
  15. 5: Securitization and derivatives spread the crisis around the world
  16. 6: Liquidity risk aspects of the crisis and a comparison with 1907 and 1929
  17. 7: Credit risk aspects of the crisis, rating and solvency
  18. 8: Financial crises in modern history: similarities and differences
  19. 9: Worldwide changes in regulation and supervision as a result of the crisis
  20. 10: Outstanding issues
  21. Bibliography
  22. Index