The Unravelling of Western Prosperity
The Unravelling of Western Prosperity
An authoritative and comprehensive text addressing the causes and consequences of the 2007-8 financial crisis and the fundamental unresolved issues that continue to threaten the liberal global order
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The 2008 crash was no ordinary crisis, but the harbinger of a much deeper convulsion. This major re-assessment shows how it was initially contained but that the more fundamental challenges to western leadership, democracy and prosperity, unless addressed, will preclude sustained recovery and pave the way for recurrent crises.