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Fragile Finance

Fragile Finance PDF Author: A. Nesvetailova
Publisher: Springer
ISBN: 0230592309
Category : Business & Economics
Languages : en
Pages : 190

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Book Description
Fragile Finance examines financial crisis in the era of global credit. Drawing on the work of Hyman Minsky, the book discusses the global financial system over the past decade, suggesting that financial fragility stems from an explosive combination of financial innovation, over-borrowing, and progressive illiquidity of financial structures.