1st Edition
The Global Financial Crisis From US subprime mortgages to European sovereign debt
By George K. Zestos
Copyright 2016
300 Pages
74 B/W Illustrations
by
Routledge
300 Pages
74 B/W Illustrations
by
Routledge
300 Pages
74 B/W Illustrations
by
Routledge
Also available as eBook on:
Although banking and sovereign debt crises are not unusual, the crisis that has unfolded across the world since 2007 has been unique in both its scale and scope. It has also been unusual in being both triggered by, and mainly affecting, developed economies. Starting with the US subprime mortgage crisis, and the recession in 2007-2009, the problem soon erupted into financial crisis in Europe. A... Read more
1. From the Great Depression to the Great Recession 2. Causes of the US subprime mortgage crisis 3. The crisis spreads to Europe 4. Why the European sovereign debt crisis has lasted so long 5. US fiscal and monetary policy to cope with the great recession 6. The role of Germany in the financial crisis 7. Greece: the epicenter of the Eurocrisis 8. Financial struggles in the EU and EA
Biography
George K. Zestos is Jean Monnet Chair for European Integration Studies and Professor of Economics at Christopher Newport University, USA.
