The Great Crash of 2008

The Great Crash of 2008

by David Llewellyn-Smith, Ross Garnaut


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As the world enjoyed the prosperity of an unparalleled boom, an economic earthquake was looming, and then struck abruptly. Bastions of finance collapsed, long-standing policy beliefs were abandoned, and governments charged into the rubble without time to watch their steps. But for those who were looking, the faultlines that ran beneath the boom had been apparent for years.
In The Great Crash of 2008, Ross Garnaut and David Llewellyn-Smith take us through the imbalances that led to the global financial crisis, tracing the cracks that were appearing within the modern economy and presenting a whole-world view of reasons for the downturn. They assess the implications of the global financial crisis and offer hope for finding order in the wreckage, in restoring development and building a stronger and more sustainable world.

Product Details

ISBN-13: 9780522857023
Publisher: Melbourne University Publishing
Publication date: 11/01/2009
Pages: 272
Product dimensions: 5.00(w) x 7.70(h) x 0.80(d)

About the Author

Ross Garnaut is a professorial fellow in the faculty of economics and commerce, a vice chancellor's fellow at the University of Melbourne, a distinguished professor of the Australian National University, and a fellow of the Academy of Social Sciences of Australia. He presented the Garnaut Climate Change Review to the Australian Prime Minister in September 2008.

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