Prevention and Management of Financial Crises

Author: Barry Eichengreen, Liu Shiyu
Publisher:
Publish Date: 2003-10-01
Features: The author reviews major financial crisis events in the 20th century and summarizes a series of characteristics of financial crises, drawing conclusions that are highly generalizable and practically valuable. In the author's view, the management of financial crises is a social systematic project that should be coordinated simultaneously from three aspects: international cooperation, a country's macro-financial policies, and corporate financial risks. What is particularly commendable is that the author, combining the domestic financial situation, provides feasible solutions for the potential risks of financial crises in China and measures to address them.