Financial Turmoil in Europe and the Unit 英文原版

作者：  Essays

出版社：PublicAffairs 2012年02月

简介：

　　In a natural follow-up to his international bestseller "TheCrash of 2008: The New Paradigm for Financial Markets", GeorgeSoros reflects on what went wrong with the global economy, and howto get it back on track. The dire economic situation we findourselves in is not a result of economic forces alone, but of thepolicies pursued, and not pursued, by world leaders. In thiscollection of his recent writings on the global financialsituation, George Soros presents his views and analysis of keyeconomic policy choices leading up to, during, and following thefinancial crisis of 2008-2009. Soros explores domestic andinternational policy choices, like how to manage the (then)potential implosion of Fannie Mae & Freddie Mac; options for"setting a floor" on the collapsing housing market; deployingmeasures to stem global contagion from the sub-prime crisis;alternative options for bailing out lesser developed countries andwhy this was vital; how to bring the credit default swap industryunder control; the structural problems of European economicmanagement, and more. Edited by The Atlantic's Steve Clemons,Financial Turmoil in Europe and the United States elegantlydistills the choices at hand, and takes the reader on a journey ofreal time economic policy work and experimentation. Soros showsthat economic outcomes are a result of choices made and paths nottaken, and sounds the warning on the dangers of ideologically-basedpolicy making.