Description

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Fragile Finance examines financial crisis in the era of global credit. Drawing on the work of Hyman Minsky, the book discusses the global financial system over the past decade, suggesting that financial fragility stems from an explosive combination of financial innovation, over-borrowing, and progressive illiquidity of financial structures.

About the Author

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ANASTASIA NESVETAILOVA is Lecturer in International Political Economy at City University, London, UK. Her research work focuses on the themes of global financial fragility and crises; the formation of financial and monetary policies; and process of capitalist evolution in Russia and other FSU countries.