Offering a comprehensive guide to financial shocks and crises, this book explores their increasing occurrence in current market economies, as well as their powe

From the chief economic commentator for the Financial Times—a brilliant tour d’horizon of the new global economy There have been many books that have sought

Before 2007, economists thought that financial crises would never happen again in the United States, that such upheavals were a thing of the past. Gary B. Gorto

This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since ma

This book, which is written from a practitioner’s perspective, fills the void by providing the reader with a toolkit and guiding principles to manage money wh