Call Boomerang Books 1300 36 33 32

Description - Unfinished Business by Tamim Bayoumi

A penetrating critique tracing how under-regulated trading between European and U.S. banks led to the 2008 financial crisis-with a prescription for preventing another meltdown

There have been numerous books examining the 2008 financial crisis from either a U.S. or European perspective. Tamim Bayoumi is the first to explain how the Euro crisis and U.S. housing crash were, in fact, parasitically intertwined.

Starting in the 1980s, Bayoumi outlines the cumulative policy errors that undermined the stability of both the European and U.S. financial sectors, highlighting the catalytic role played by European mega banks that exploited lax regulation to expand into the U.S. market and financed unsustainable bubbles on both continents. U.S. banks increasingly sold sub-par loans to under-regulated European and U.S. shadow banks and, when the bubbles burst, the losses whipsawed back to the core of the European banking system. A much-needed, fresh look at the origins of the crisis, Bayoumi's analysis concludes that policy makers are ignorant of what still needs to be done both to complete the cleanup and to prevent future crises.

Buy Unfinished Business by Tamim Bayoumi from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780300238693
ISBN-10: 030023869X
Format: Paperback / softback
(197mm x 127mm x mm)
Pages: 296
Imprint: Yale University Press
Publisher: Yale University Press
Publish Date: 4-Sep-2018
Country of Publication: United States

Other Editions - Unfinished Business by Tamim Bayoumi

Book Reviews - Unfinished Business by Tamim Bayoumi

» Have you read this book? We'd like to know what you think about it - write a review about Unfinished Business book by Tamim Bayoumi and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)


Author Biography - Tamim Bayoumi

Tamim Bayoumi is deputy director in the strategy, policy, and review department at the IMF. He wrote this book while he was a senior fellow at the Peterson Institute for International Economics. He lives in Washington, DC.

Books By Tamim Bayoumi

Modern Perspectives on the Gold Standard by Tamim Bayoumi
Paperback / softback, May 2008
$59.36 $65.95
Unfinished Business by Tamim Bayoumi
Hardback, September 2017
$50.72 $56.35