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This time is different : eight centuries of financial follyReinhart, Carmen M. ; Rogoff, Kenneth S.Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial crises. Each time, the experts have ... chimed, "this time is different"--claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading economists Carmen Reinhart and Kenneth Rogoff definitively prove them wrong. Covering sixty-six countries across five continents, This Time Is Different presents a comprehensive look at the varieties of financial crises, and guides us through eight astonishing centuries of government defaults, banking panics, and inflationary spikes--from medieval currency debasements to today's subprime catastrophe.Type of material - bookEdition - 13th printingt, 1st paperback printingPublication and manufacture - Princeton (N.J.) ; Woodstock : Princeton University Press, 2011Language - englishISBN - 978-0-691-15264-6; 978-0-691-15264-6COBISS.SI-ID - 20495078
Author
Reinhart, Carmen M. |
Rogoff, Kenneth S.
Topics
Financial crises |
Case studies |
Fiscal policy |
Case studies |
Business cycles |
Case studies |
finance |
krize |
recesije |
gospodarska gibanja |
zgodovina |
dolgovi |
javne finance |
cikli |
analiza |
finance |
crises |
recessions |
economic flows |
history |
debts |
public finance |
business cycles |
analysis |
analysis
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Reinhart, Carmen M. | |
Rogoff, Kenneth S. |
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