An Overview of Financial Crises around the World

<p><em>An Overview of Financial Crises around the World</em> provides students with a sample of articles that analyze different episodes of financial crisis both in the United States and in other countries and regions of the world. Students learn the principal causes consequences and policy responses that emerge as a result of financial crises and build an understanding of the similarities of occurrences across nations. <br /><br />The articles within this volume are organized into four parts. In Part I students are provided with an overview of financial crises theory. Part II explores two great crises the Great Depression in the United States and the Asian financial crisis of the 1990s. In the third part students examine country-specific crises including Bolivia and its experiences with inflation Iceland’s banking crisis Mexico’s trade issues and fiscal reform and crises that befell Thailand and Argentina. The text closes with a section dedicated to explaining the causes and consequences of the 2007 – 2009 financial crisis in the United States. <br /><br />Emphasizing the commonalities in financial crises on a global scale <em>An Overview of Financial Crises around the World</em> is an ideal textbook for undergraduate courses in economics and finance.</p><p><strong>Antonio N. Bojanic</strong> is a professor of practice in the Department of Economics at Tulane University. He earned his Ph.D. in economics from Auburn University. Much of Dr. Bojanic’s research focuses on economic development in his native Bolivia international economics and finance economic development macroeconomics and economic history. Prior to joining the faculty of Tulane University he served as an economics consultant with development financial institutions like The World Bank and DFID.</p>