Description:
Moments of Truth: The Politics of Financial Crises in Comparative Perspective looks at the political repercussions and policy implications of financial crises in comparative perspective, using case studies in Latin America, Korea, and Russia, as well as the contemporary crises in the US and in key European countries. Contributors to this volume look at the crises as critical junctures that generate high levels of uncertainty while calling for decisive action. The first book to comparatively analyze the political dimensions of financial crises across different global regions, Moments of Truth will be highly significant for any scholars interested in the contemporary debate on financial crises.
Review Quotes:
"Trying to grasp the implications of financial upheavals since 2008, most commentators have drawn on a narrow range of European and American examples. Moments of Truth provides a crucial corrective by widening the range of comparisons. Contributors also offer insightful analyses of each, helping this book provide a much needed perspective not just on financial crises but also on their political and social implications."
--Craig Calhoun, Director of the London School of Economics and Political Science
"Everywhere, politicians, activists and academics are striving to make sense of a global financial and economic crisis. In this empirically rich, methodologically sophisticated and theoretically innovative book, some of the finest international scholars take a step back and ask how we make sense of such crises in the ways we do, why and with what effects. Through a series of highly illuminating case-studies, the book explores the ideas, institutions and actors that define contexts, specify options and shape choices in what is, after all political economy. It is a welcome contribution to debates in international political economy, comparative politics and political sociology."
--Alan Finlayson, University of East Anglia