Arkadaş Yayıncılık This Time Is Different

Product description

Throughout history, both rich and poor countries have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial crises.

each time, experts have chimed, “this time is different” – claiming that the old rules of valuation no longer apply and that the new situation bears little resemblance to past disasters. Bu çığır açan çalışma ile önde gelen ekonomistler carmen reinhart ve kenneth rogoff onları kesinlikle hatalı ortaya koyuyor.

Covering sixty-six countries across five continents, this time is different presents a comprehensive look at the varieties of financial crises, and guides us through eight astonishing centuries of government defaults, banking panics, and inflationary spikes-from medieval currency debasements to today's subprime catastrophe.

Carmen reinhart and kenneth rogoff, leading economists whose work has been influential in the policy debate concerning the current financial crisis, provocatively argue that financial combustions are universal rites of passage for emerging and established market nations.

the yazarlar important lessons from history to show us how much--or how little--we have learned.

using clear, sharp analysis and comprehensive data, reinhart and rogoff document that financial fallout occurs in clusters and strikes with surprisingly consistent frequency, duration, and ferocity.

They examine the patterns of currency crashes, high and hyperinflation, and government defaults on international and domestic debts--as well as the cycles in housing and equity prices, capital flows, unemployment, and government revenues around these crises.

while countries weather their financial storms, reinhart and rogoff prove that short memories make it all too easy for crises to recur.

an önemli book that will affect policy discussions for a long time to come, this time is different exposes centuries of financial missteps.

Additional info

• The selling price on Trendyol already includes the export-related costs.
• Sold by
  Kitapbulan İthal Kitap
  .
• Made in Türkiye
• A maximum of 5 units of this product can be ordered. Trendyol reserves the right to cancel orders over 5 units.
• Barcode No: 9780691152646
• Origin: TR