Author: Nouriel Roubini
Publisher: Viva Books
ISBN/UPC (if available): 8130960920
By far the best book written in recent years on the vexing subject of how the international community should address international financial crises of emerging market economies. Roubini and Setser put it all together: a masterful overview of theoretical issues, a skilled and accurate account of recent crises, and a wise, balanced, and judicious discussion of the policy debates.
-Jeffrey D Sachs, Director of the Earth Institute, Columbia University
A useful tool for those confronting these crises, and a clear, accessible overview for those studying global markets.
-Lawrence Summers, former US treasury secretary
A fluid and deeply informed synthesis of the recent debate on how to improve sovereign debt workouts. Roubini and Setser’s book will likely be a standard reference for many years to come.
-Kenneth Rogoff, Harvard University
The most intelligent and comprehensive analysis yet of how the international community should respond to financial crisis.
-Barry Eichengreen, University of California-Berkeley
The Rubin-Summers are policy wonks take on financial architecture, matured by distance, turbocharged with academic authority.
-Jeromin Zettelmeyer, International Monetary Fund
New Nature of Emerging-Market Crises
Analytical Literature on Crisis Resolution
Experience with Bailouts and Bail-ins
Official Policy Toward Crisis Resolution
Responding to Liquidity Shortages
Seniority of Sovereign Debts
Recommendations for Reform
Appendix A Tables