[Download ebook] The Great Debt Transformation: Households, Financialization, and Policy Responses
▲ G. Fuller ▲
| 2016-04-08 | 2016-04-08 | File Name: B01FYBI0PG
||From the Back Cover||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
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...
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