Financial Restructuring to Sustain Recovery

Informationen zum Autor Edited by Martin Neil Baily; Richard J. Herring and Yuta Seki Klappentext "A Brookings Institution Press and Nomura Institute of Capital Markets Research publicationThe financial crisis of 2007-08 and the Great Recession caused more widespreadeconomic trauma than any event since the Great Depression. With a slow anduneven recovery, encouraging stability and growth is critical.Financial Restructuring to Sustain Recovery maintains that while each part of the financial services industry can play a useful role in revving up the U.S. economic engine to full capacity, the necessary reforms are sometimes subtle and often difficult to implement. Editors Martin Neil Baily, Richard Herring, and Yuta Seki and their coauthors break recovery down by three areas:Restructuring the housing finance marketReforming the bankruptcy processReenergizing the market for initial public offeringsIncluded are lessons drawn from Japan's experience in overcoming its long-lasting financial crisis after the collapse of its real estate market in the 1990s.Contributors: Franklin Allen (Wharton School, University of Pennsylvania), James R. Barth (Auburn University College of Business; Milken Institute), Thomas Jackson (Simon School of Business, University of Rochester), Jay R. Ritter (Warrington College of Business, University of Florida), David Skeel (University of Pennsylvania Law School), and Glenn Yago (Milken Institute)." Zusammenfassung The financial crisis of 2007-08 and the Great Recession caused more widespread economic trauma than any event since the Great Depression. This title maintains that while each part of the financial services industry can play a useful role in revving up the US economic engine to full capacity.

Product details

• Authors: Martin Neil Baily, Martin Neil Herring Baily
• Assisted by: Martin Neil Baily (Editor), Baily Martin Neil (Editor), Yasuyuki Fuchita (Editor), Richard J. Herring (Editor), Yuta Seki (Editor), Seki Yuta (Editor)
• Publisher: Rowman and Littlefield
• Languages: English
• Product format: Paperback / Softback
• Released: 30.12.2013
• EAN: 9780815725244
• ISBN: 978-0-8157-2524-4
• No. of pages: 180
• Subjects: Social sciences, law, business > Business > Economics; Finance, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Economic History, POLITICAL SCIENCE / Political Economy, BUSINESS & ECONOMICS / Finance / General, Political Economy, Economic systems and structures, Economic systems & structures, Economic & financial crises & disasters, Economic and financial crises and disasters, Finance and the finance industry