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About this product
- DescriptionGlobal financial markets have transformed over the past three decades - with potentially dangerous results. Growing competitiveness in financial markets has forced banks to adapt - by merging, growing, and invating. The result has been an unprecedented transformation in the identity of society's borrowers: households and banks are borrowing more, businesses are borrowing relatively less. This Great Debt Transformation has profound consequences: as we shift toward ecomic growth fueled by consumption and financial investment, instability, indebtedness, and inequality have all risen. This book explains this transformation, why it matters, what caused it, and - most importantly - examines how some countries have restrained the transformation underway. Britain, France, and Germany have taken very different approaches to this transformation - and those approaches have resulted in divergent results. This book aims to turn those different results into lessons to help us make sense of the great ecomic challenges of our time.
- Author BiographyGregory Fuller is an Assistant Professor of International Political Economy at the University of Groningen, the Netherlands. Previously, he held appointments at Johns Hopkins University, USA, and American University, USA. His background spans Economics, International Finance, and Comparative Politics, and has informed his interdisciplinary analysis of contemporary economic challenges.
- Author(s)Gregory W. Fuller
- PublisherPalgrave Macmillan
- Date of Publication08/02/2016
- SubjectEconomics: Textbooks & Study Guides
- Place of PublicationBasingstoke
- Country of PublicationUnited Kingdom
- ImprintPalgrave Macmillan
- Content Notebiography
- Weight520 g
- Width140 mm
- Height216 mm
- Spine19 mm
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