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The Great Debt Transformation = Households, Financialization, and Policy Responses /

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	The Great Debt Transformation/ by G. Fuller.
其他題名:	Households, Financialization, and Policy Responses /
作者:	Fuller, G.
面頁冊數:	XVI, 293 p.online resource. :
Contained By:	Springer Nature eBook
標題:	Comparative politics. -
電子資源:	https://doi.org/10.1057/9781137548733
ISBN:	9781137548733

The Great Debt Transformation = Households, Financialization, and Policy Responses /
Fuller, G.

The Great Debt TransformationHouseholds, Financialization, and Policy Responses /[electronic resource] :by G. Fuller. - 1st ed. 2016. - XVI, 293 p.online resource.

Global 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 innovating. 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 economic 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 economic challenges of our time.

ISBN: 9781137548733

Standard No.: 10.1057/9781137548733doiSubjects--Topical Terms:

937867
Comparative politics.

LC Class. No.: JA71-80

Dewey Class. No.: 320

The Great Debt Transformation = Households, Financialization, and Policy Responses /
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