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The great crash of 2008 was one that no one saw coming, or, if they did, they ignored the warning signs. This title takes us through the boom and the global imbalances that led to the bust. It presents a whole-world view of reasons for the downturn, from good, old-fashioned greed and rampant speculation, to the imbalances in global capital flows.

Produktbeschreibung
The great crash of 2008 was one that no one saw coming, or, if they did, they ignored the warning signs. This title takes us through the boom and the global imbalances that led to the bust. It presents a whole-world view of reasons for the downturn, from good, old-fashioned greed and rampant speculation, to the imbalances in global capital flows.
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Autorenporträt
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.