LEADER 05356cam 2200661Ii 4500001 on1049802518 003 OCoLC 005 20181205092526.0 006 m o d 007 cr cnu|||unuuu 008 180824s2018 enk ob 001 0 eng d 020 9781788119498 |qelectronic book 020 1788119495 |qelectronic book 020 |z9781788119481 035 (Sirsi) o1049802518 035 (OCoLC)1049802518 040 N$T |beng |erda |epn |cN$T |dN$T |dEBLCP |dSNK |dYDX |dOTZ |dOCLCF |dERE |dUtOrBLW 043 n-us--- 049 EREE 050 4 HG181 |b.D13 2018eb 072 7 BUS |x027000 |2bisacsh 082 04 332.0973 |223 100 1 D'Arista, Jane W., |eauthor. |=^A540261 245 10 All Fall Down : |bdebt, deregulation and financial crises / |cJane D'Arista. 264 1 Cheltenham, UK : |bEdward Elgar Publishing, |c[2018] 300 1 online resource. 336 text |btxt |2rdacontent 337 computer |bc |2rdamedia 338 online resource |bcr |2rdacarrier 505 0 Front Matter; Copyright; Contents; Tables; Foreword; Acknowledgments; Abbreviations; 1. Introduction and summary; PART I The unraveling of the 1930s-era framework; 2. The euro market erodes US financial structure; 3. Commercial paper guarantees and the emergence of a parallel banking system; 4. ERISA moves savings into securities markets; PART IIDeregulation and financial innovation create the context for crisis; 5. An overview of financiar estructuring and its consequences; 6. Securitization; 7. Weaving the web of interconnectedness; 8. Opaque markets and opaque balance sheets 505 8 9. Growing concentration leads to "too big to fail"10. Regulating the post-crisis system; 11. Mending the financial safety net for savers; PART III The advent of globalization; 12. Dollar hegemony; 13. Foreign exchange reserves; 14. An overview of developments in global financial markets in the 1990s; PART IV Building toward crisis in the global economy; 15. Concerns and warnings; 16. Crises in the periphery of the global system; 17. Liquidity expansion in the period before the crisis; PART V Debt and the collapse of monetary control 505 8 18. The failure to halt the emergence and growth of the debt bubble; 19. Rising imbalances in credit flows; 20. Mounting risks of the continuing debt bubble in the new millennium; 21. How eroding monetary tools facilitated debt creation; 22. Monetary tools: what they are and how they function; 23. The inability of capital requirements to prevent or moderate financial crises; 24. How crisis reshaped the monetary toolkit; PART VI An agenda for monetary reform; 25. Introducing a systemic approach; 26. Creating a system-wide asset-based reserve system 505 8 27. Implementing policy under the current and proposed systems; 28. Implications of the proposed system for the conduct of policy; PART VII Reforming the privatized international monetary system; 29. Can special drawing rights replace the dollar and other national currencies as a reserve asset?; 30. Restructuring flows of private international investment into emerging and developing economies; 31. Reforming the international payments system; PART VIII Conclusion; 32. Building toward crisis in the global economy-again; Bibliography; Index 520 All Fall Down traces the ways in which changes in financial structure and regulation eroded monetary control and led to historically high levels of debt relative to GDP in both developed and emerging economies. Rising stocks of debt drove the global financial system into crisis in 2008 when households, businesses, financial institutions and the public sector in some countries strained to generate sufficient income for debt service. The stagnation and fall in asset prices that followed began the process of unwinding that led to a run on the financial sector by the financial sector. 504 Includes bibliographical references and index. 588 Description based on online resource; title from digital title page (viewed on October 01, 2018). 650 0 Finance |zUnited States. |=^A15669 650 0 Monetary policy |zUnited States. |=^A17976 650 0 Financial crises |zUnited States. |=^A562159 650 0 Debt |zUnited States. |=^A991279 650 7 BUSINESS & ECONOMICS / Finance. |2bisacsh 650 7 Debt. |2fast |0(OCoLC)fst00888768 650 7 Finance. |2fast |0(OCoLC)fst00924349 650 7 Financial crises. |2fast |0(OCoLC)fst00924607 650 7 Monetary policy. |2fast |0(OCoLC)fst01025230 651 7 United States. |2fast |0(OCoLC)fst01204155 |?UNAUTHORIZED 655 4 Electronic books. 776 1 |z9781788119481 856 40 |3EBSCOhost |uhttp://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1877681 938 EBL - Ebook Library |bEBLB |nEBL5495721 938 EBSCOhost |bEBSC |n1877681 949 Click on web address |wasis |hjoyner96 |ojwjh 949 Click on web address |wasis |hhsl102 |ojwjh 994 C0 |bERE 596 1 4 998 4946754