Financial Instability

Toolkit for Interpreting Boom and Bust Cycles

By: V. D'Apice, G. Ferri

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eText | 30 April 2016

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This book explains what is behind the wave of increasingly frequent and severe financial crises since the 1980s. It links theoretical and policy misconceptions to explain, in plain words, why and how global finance needs fixing. Otherwise, the world may not withstand the next, even bigger, financial crisis.