000 04231cam a2200373 i 4500
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001 18877385
003 BR-BrENAP
005 20220601062545.0
008 151201t20152015nyua b 001 0 eng
020 _a9780143127635 (pbk)
040 _aBR-BrENAP
_bPt_BR
041 _aeng
090 _a338.542
_bW8531s
100 1 _aWolf, Martin,
_d1946-
245 1 4 _aThe shifts and the shocks :
_bwhat we've learned - and have still to learn - from the financial crisis /
_cMartin Wolf. --
260 _aNew York:
_bPensuin Books,
_c2015.
300 _axxiv, 503 p.
504 _aInclui bibliografia e índice
505 _tPart One - The Shocks
_t1. From crisis to Austerity -- 2. The crisis in the Eurozone -- 3. Brave New World
_tPart Two - The Shifts
_t4. How finance became fragile -- 5. How the world economy shifted
_tPart Three - The Solutions
_t6. Orthodoxy overthrown -- 7. Fixing finance -- 8. Long journey ahead -- 9. Mending a bad marriage
_tConclusion: Fire next time
520 _a"From the chief economic commentator for the Financial Times, a brilliant tour d'horizon of the new global economy and its trajectory There have been many books that have sought to explain the causes and courses of the financial and economic crisis which began in 2007-8. The Shifts and the Shocks is not another detailed history of the crisis, but the most persuasive and complete account yet published of what the crisis should teach us about modern economies and economics. The book identifies the origin of the crisis in the complex interaction between globalization, hugely destabilizing global imbalances and our dangerously fragile financial system. In the eurozone, these sources of instability were multiplied by the tragically defective architecture of the monetary union. It also shows how much of the orthodoxy that shaped monetary and financial policy before the crisis occurred was complacent and wrong. In doing so, it mercilessly reveals the failures of the financial, political and intellectual elites who ran the system. The book also examines what has been done to reform the financial and monetary systems since the worst of the crisis passed. "Are we now on a sustainable course?" Wolf asks. "The answer is no." He explains with great clarity why "further crises seem certain" and why the management of the eurozone in particular "guarantees a huge political crisis at some point in the future." Wolf provides far more ambitious and comprehensive plans for reform than any currently being implemented. Written with all the intellectual command and trenchant judgment that have made Martin Wolf one of the world's most influential economic commentators, The Shifts and the Shocks matches impressive analysis with no-holds-barred criticism and persuasive prescription for a more stable future. It is a book no one with an interest in global affairs will want to neglect. "--
520 _a"The book identifies the origin of the crisis in the complex interaction between globalization, hugely destabilizing global imbalances and our dangerously fragile financial system. In the eurozone, these sources of instability were multiplied by the tragically defective architecture of the monetary union. It also shows how much of the orthodoxy that shaped monetary and financial policy before the crisis occurred was complacent and wrong. In doing so, it mercilessly reveals the failures of the financial, political and intellectual elites who ran the system. The book also examines what has been done to reform the financial and monetary systems since the worst of the crisis passed. "Are we now on a sustainable course?" Wolf asks. "The answer is no." He explains with great clarity why "further crises seem certain" and why the management of the eurozone in particular "guarantees a huge political crisis at some point in the future." Wolf provides far more ambitious and comprehensive plans for reform than any currently being implemented"--
650 _912209
_a Crise Econômica
650 0 _aSistema Financeiro
_913595
650 _911932
_a Política Econômica
650 _a Mercado Financeiro Internacional
_912331
650 0 _aCapitalismo
_913045
909 _a202202
_bNoély
942 _cG
_2ddc