The Global Financial Crisis in Retrospect: Evolution, Resolution, and Lessons for Prevention

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Since leaving the Fund, Dr.

Elson has been an economic consultant with the World Bank and has written extensively on issues of global finance and development. Refreshments will be provided, and parking passes are available. Skip to main content.

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Given the great public concern over growing income and wealth inequality, the book examines their links to the increased financialization of the economy, both prior to and since the crisis. Finally, the book identifies a number of lessons that need to be recognized if adequate and effective reforms are to be introduced to avoid a financial crisis of similar magnitude in the future. Comprehensive enough for university students and sufficiently innovative for financial policymakers, this book will appeal to a wide range of readers interested in understanding not just where the crisis has brought us, but what key economists have said about it and how we can strengthen our financial system oversight to deal with the continuing challenges of globalization.

Anthony Elson is an international economist, writer, and university lecturer in the Washington, DC, area. For a number of years, he was a senior staff member of the International Monetary Fund and consultant with the World Bank.

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Table of Contents 1. Introduction 2.

The Financial Crisis 10 Years Later: Lessons Learned

The Global Financial Crisis and Inequality 7. Towards a Rethinking of Macroeconomics 9.

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Overview This book provides a uniquely comprehensive explanation of the global financial crisis and resulting scholarly research in the context of building an agenda for reform. About the Author Anthony Elson is an international economist, writer, and university lecturer in the Washington, DC, area.

Conclusions and Lessons for the Future. With the clarity provided by almost a decade of hindsight and a careful eye toward planning for prevention, Elson guides readers through both historical fact and scholarly interpretation, highlighting areas where careful critique of and changes in the international financial architecture and the mainstream macroeconomic paradigm can promote greater financial stability in the future.

Evolution, Resolution, and Lessons for Prevention

Given the great public concern over growing income and wealth inequality, the book examines their links to the increased financialization of the economy, both prior to and since the crisis. Finally, the book identifies a number of lessons that need to be recognized if adequate and effective reforms are to be introduced to avoid a financial crisis of similar magnitude in the future.

Comprehensive enough for university students and sufficiently innovative for financial policymakers, this book will appeal to a wide range of readers interested in understanding not just where the crisis has brought us, but what key economists have said about it and how we can strengthen our financial system oversight to deal with the continuing challenges of globalization. Anthony Elson is an international economist, writer, and university lecturer in the Washington, DC, area. For a number of years, he was a senior staff member of the International Monetary Fund and consultant with the World Bank.

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