archive

After the global financial crisis

From the World Bank, here is the latest Global Financial Development Report 2014: Financial Inclusion. Enrico C. Perotti (Amsterdam): The Political Economy of Finance. Tamara Lothian (Columbia): Democracy, Law and Global Finance: A Legal and Institutional Perspective; and Democracy, Law and Global Finance: An Example of Research Agenda for a New Practice of Law and Economics. Shelley D. Marshall (Monash): Shifting Responsibility: How the Burden of the European Financial Crisis Shifted Away from the Financial Sector and Onto Labor. Bojidar V. Bojinov (Tsenov): Causes of Banking Crises in Modern World. Augusto Lopez-Claros (World Bank): Fiscal Challenges after the Global Financial Crisis: A Survey of Key Issues. Gary Bedford (Denver): Beyond the 2008 Financial "Crisis": Global Capital after Marx and Modernism. Giovanni Giusti (Pompeu Fabra), Charles N. Noussair (Tilburg), and Hans-Joachim Voth (Zurich): Recreating the South Sea Bubble: Lessons from an Experiment in Financial History. From The Historical Review, a special issue on Responding to Economic Crises in Historical Perspective, Nineteenth and Twentieth Centuries. From The Economist, a look at the slumps that shaped modern finance: Finance is not merely prone to crises, it is shaped by them — five historical crises show how aspects of today’s financial system originated and offer lessons for today’s regulators. Shadow and substance: As banks retreat in the wake of the financial crisis, “shadow banks” are taking on a growing share of their business — will that make finance safer? Stop blaming the IMF for everything: Matt O'Brien on how the IMF has actually become the "good guys" since the financial crisis hit.