{"product_id":"a-crash-course-on-crises","title":"A Crash Course on Crises","description":"Condition: BRAND NEW\u003cbr\u003eISBN: 9780691223186\u003cbr\u003eFormat: Trade paperback (US)\u003cbr\u003eYear: 2025\u003cbr\u003ePublisher: Princeton University Press\u003cbr\u003e\u003cbr\u003e\u003cbr\u003eDescription:\u003cbr\u003e\u003cb\u003eAn incisive overview of the macroeconomics of financial crises — essential reading for students and policy experts alike.\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003eWith alarming frequency, modern economies go through macro-financial crashes that arise from the financial sector and spread to the broader economy, inflicting deep and prolonged recessions. \u003ci\u003eA Crash Course on Crises\u003c\/i\u003e brings together the latest cutting-edge economic research to identify the seeds of these crashes, reveal their triggers and consequences, and explain what policymakers can do about them.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003eEach of the book’s ten self-contained chapters introduces readers to a key economic force and provides case studies that illustrate how that force was dominant. Markus Brunnermeier and Ricardo Reis show how the run-up phase of a crisis often occurs in ways that are preventable but that may go unnoticed and discuss how debt contracts, banks, and a search for safety can act as triggers and amplifiers that drive the economy to crash. Brunnermeier and Reis then explain how monetary, fiscal, and exchange-rate policies can respond to crises and prevent them from becoming persistent.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003eWith case studies ranging from Chile in the 1970s to the COVID-19 pandemic, \u003ci\u003eA Crash Course on Crises\u003c\/i\u003e synthesizes a vast literature into ten simple, accessible ideas and illuminates these concepts using novel diagrams and a clear analytical framework.","brand":"ALLIANCE DIST - SF","offers":[{"title":"Default","offer_id":41860255187077,"sku":"PR435621","price":67.8,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0562\/0213\/3637\/files\/image_TTGDL5F7STOO.jpg?v=1789124504","url":"https:\/\/smartfoxbooks.co.nz\/products\/a-crash-course-on-crises","provider":"Smartfox Books","version":"1.0","type":"link"}