Crisis: Cause, Containment and Cure explains how the global financial crisis of 2007 to 2009 came about, how it is being contained and what steps should be taken to prevent such a crisis from happening again. Written by the Director of the Banking Sector at the Financial Services Authority, it gives a first-hand view of policy making combined with rigorous economic analysis presented in an easily readable style. It is analytical - not anecdotal - based on up-to-date economic theory and recent policy pronouncements, including both macroeconomic and financial sector aspects. There are numerous books on the crisis but few which have the breadth, analytical rigour and first-hand experience of policy-making offered here by Dr. Huertas. Enhanced with diagrams to illustrate key concepts, this book will be a valuable resource for banks, central banks, public policy makers, banking regulators, law firms, securities associations, finance ministries, students of banking, finance and monetary economics and indeed anyone who seeks a balanced, comprehensive, global authoritative view of the crisis.
Includes bibliographical references and index.