000			02646nam a2200433 i 4500
001			751801216
003			SKY
005			20250828140017.0
008			120308s2011 nju b 001 0 eng
010			_a2011292787
020			_a9780691152639
020			_a9780691152639
022			_a9780691152639
040			_aDLC _erda _cDLC _dSKYRV _beng
042			_apcc
043			_an-us---
050	0	0	_aHC110.I5 _bR36 2011
082	0	0	_a330.90511 RAJ 2011 _222
100	1		_aRajan, Raghuram
245	1	0	_aFault lines : _bhow hidden fractures still threaten the world economy / _cRaghuram G. Rajan ; with a new afterword by the author
250			_a1st pbk. ed
264		1	_aPrinceton, N.J. : _bPrinceton University Press, _c[2011]
264		4	_c©2011
300			_ax, 270 pages ; _c22 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
504			_aIncludes bibliographical references (pages 241-256) and index
505	0		_aLet them eat credit -- Exporting to grow -- Flighty foreign financing -- A weak safety net -- From bubble to bubble -- When money Is the measure of all worth -- Betting the bank -- Reforming finance -- Improving access to opportunity in America -- The fable of the bees replayed
520			_aRaghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In "Fault Lines", Rajan argues that serious flaws in the economy are also to blame, and warns that a potentially more devastating crisis awaits us if they aren't fixed. Rajan shows how the individual choices that collectively brought about the economic meltdown - made by bankers, government officials, and ordinary home-owners - were rational responses to a flawed global financial order in which the incentives to take on risk are incredibly out of step with the dangers those risks pose. He traces the deepening fault lines in a world overly dependent on the indebted American consumer to power global economic growth and stave off global downturns.-- _cPublisher
520			_aEconomics
650		0	_aIncome distribution _zUnited States _xHistory _y21st century
650		0	_aGlobal Financial Crisis, 2008-2009
650		0	_aEconomic history _y21st century
650		0	_aPOLITICAL SCIENCE / Public Policy / Economic Policy
650		0	_aBUSINESS & ECONOMICS / Economics / General
651		0	_aUnited States _xSocial conditions _y21st century
942			_2ddc _cBK _n0
999			_c592 _d592