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Fault Lines : (Record no. 74092)

MARC details
000 -LEADER
fixed length control field nam a22 7a 4500
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN 9789350291733
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 330.90511 R1269 F
Item number 102862
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Raghuram G Rajan
245 ## - TITLE STATEMENT
Title Fault Lines :
Remainder of title How Hidden Fractures Still Threaten The World Economy
250 ## - EDITION STATEMENT
Edition statement 1st ed.
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication Noida
Name of publisher Harper Collins
Date of publication 2010
300 ## - PHYSICAL DESCRIPTION
Number of Pages 354
500 ## - GENERAL NOTE
General note Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In Fault Lines, Rajan argues that serious flaws in the economy are also to blame, and warns that a potentially more devastating crisis awaits us if they aren't fixed.<br/><br/>Rajan shows how the individual choices that collectively brought about the economic meltdown--made by bankers, government officials, and ordinary homeowners--were rational responses to a flawed global financial order in which the incentives to take on risk are incredibly out of step with the dangers those risks pose. He traces the deepening fault lines in a world overly dependent on the indebted American consumer to power global economic growth and stave off global downturns. He exposes a system where America's growing inequality and thin social safety net create tremendous political pressure to encourage easy credit and keep job creation robust, no matter what the consequences to the economy's long-term health; and where the U.S. financial sector, with its skewed incentives, is the critical but unstable link between an overstimulated America and an underconsuming world.<br/><br/>In Fault Lines, Rajan demonstrates how unequal access to education and health care in the United States puts us all in deeper financial peril, even as the economic choices of countries like Germany, Japan, and China place an undue burden on America to get its policies right. He outlines the hard choices we need to make to ensure a more stable world economy and restore lasting prosperity.
650 ## - SUBJECT ADDED ENTRY -- TOPICAL TERM
Topical Term United States
650 ## - SUBJECT ADDED ENTRY -- TOPICAL TERM
Topical Term Global Financial Crisis (2008-2009)
650 ## - SUBJECT ADDED ENTRY -- TOPICAL TERM
Topical Term Economic history
650 ## - SUBJECT ADDED ENTRY -- TOPICAL TERM
Topical Term Social conditions
650 ## - SUBJECT ADDED ENTRY -- TOPICAL TERM
Topical Term Income distribution
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Books
Holdings
Withdrawn status Lost status Damaged status Not for loan Collection code Home library Current library Shelving location Date acquired Purchase price Full call number Barcode Date last seen Koha item type
        Non-fiction Prajna Pratishthanam Library Prajna Pratishthanam Library Management 25/05/2018 499.00 330.90511 R1269 F 102862 102862 25/05/2018 Books
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