Book Reviews

Abstract

Judit Temesvary of Hamilton College reviews, “Financial Crises, 1929 to the Present” by Sara Hsu. The Econlit abstract of this book begins: “Explores and analyzes the events, causes, and outcomes of crises from the Great Depression to the Great Recession. Discusses the financial system and roots of crisis; the 1930s and 1940s—the Great Depression and its aftermath; the 1950s through the 1970s—the intercrisis period; the 1980s—emerging markets debt default crises; the early 1990s—advanced countries crises; the mid-1990s—the Mexican crisis and the Asian financial crisis; the late 1990s and the early 2000s—the Russian financial crisis, the Brazilian financial crisis, and the Argentine crisis; the late 2000s—the Great Recession of 2008; and preventing future crises. Hsu is Assistant Professor of Economics at the State University of New York, New Paltz.”