Liquidity Lost: The Governance of the Global Financial Crisis Book PDF, ePub eBook

Join our eBook service for unlimited books & audiobooks. Get a free 7 day subscription! ↓↓↓↓↓


Book Descriptions:
The interventions of crisis management during the 2007 to 2011 financial crisis were not simply responses to a set of given developments in markets, banking or neo-liberal capitalism. Nor can those interventions be adequately explained as the actions of sovereign state officials and institutions. Instead, Langley argues, processes of crisis governance are shown to have established six principal technical problems to be acted upon: liquidity, toxicity, solvency, risk,
regulation, and debt and that the governance of these technical problems, is shown to have been strategically assembled in order to secure the continuation of a particular, financialized way of life that depends upon global financial circulations.

Contributing to interdisciplinary debates in cultural economy and the social studies of finance, and grounded in extensive empirical research, this book offers an innovative analysis of how the contemporary global financial crisis was governed. Through an exploration of the interventions made by central banks, treasuries, and regulatory authorities in the Anglo-American heartland of the crisis between 2007 and 2011, experimental and strategic apparatuses of crisis governance are shown to have
emerged. These discrete apparatuses established the six technical problems to be acted upon, but also shared certain proclivities and preferences. Crisis governance assembled discourses and devices of economy in relation with sovereign monetary, fiscal, and regulatory techniques, and elicited an
affective atmosphere of confidence. It also sought to secure the financialized way of life which turns on the opportunities ostensibly afforded by uncertain financial circulations, and gave rise to post-crisis technical fixes designed to advance the resilience of banking and the macro-prudential regulation of financial stability. Thus, the consensus that prevails across economics, political economy, and beyond - wherein sovereign state institutions are cast as coming to the rescue of the
markets, banking, or neo-liberal capitalism - conceals a great deal more than it reveals about the governance of the global financial crisis.

Liquidity Lost: The Governance of the Global Financial Crisis by Paul Langley

From reader reviews:

Alex Thayer:

What do you consider book? It is just for students because they're still students or this for all people in the world, exactly what the best subject for that? Only you can be answered for that issue above. Every person has diverse personality and hobby per other. Don't to be compelled someone or something that they don't desire do that. You must know how great along with important the book Liquidity Lost: The Governance of the Global Financial Crisis. All type of book can you see on many resources. You can look for the internet sources or other social media.

Jo Daigneault:

Do you among people who can't read pleasant if the sentence chained from the straightway, hold on guys this specific aren't like that. This Liquidity Lost: The Governance of the Global Financial Crisis book is readable by means of you who hate the straight word style. You will find the facts here are arrange for enjoyable studying experience without leaving perhaps decrease the knowledge that want to give to you. The writer connected with Liquidity Lost: The Governance of the Global Financial Crisis content conveys the idea easily to understand by many individuals. The printed and e-book are not different in the information but it just different in the form of it. So , do you nevertheless thinking Liquidity Lost: The Governance of the Global Financial Crisis is not loveable to be your top record reading book?

Mary Salas:

This book untitled Liquidity Lost: The Governance of the Global Financial Crisis to be one of several books in which best seller in this year, here is because when you read this book you can get a lot of benefit onto it. You will easily to buy this particular book in the book store or you can order it by means of online. The publisher of this book sells the e-book too. It makes you quicker to read this book, since you can read this book in your Mobile phone. So there is no reason to you personally to past this guide from your list.

Wendy Lambert:

In this period of time globalization it is important to someone to find information. The information will make someone to understand the condition of the world. The fitness of the world makes the information easier to share. You can find a lot of personal references to get information example: internet, classifieds, book, and soon. You will observe that now, a lot of publisher in which print many kinds of book. The particular book that recommended for you is Liquidity Lost: The Governance of the Global Financial Crisis this book consist a lot of the information with the condition of this world now. This particular book was represented so why is the world has grown up. The words styles that writer use to explain it is easy to understand. The actual writer made some study when he makes this book. Here is why this book ideal all of you.