{"title":"Carmen M. Reinhart","description":"\u003cp\u003e\u003cstrong\u003eCarmen M. Reinhart\u003c\/strong\u003e offers insightful analyses into global economic patterns and crises, blending rigorous research with a clear narrative style. Her work, including influential studies on financial history and economic downturns, provides essential context for understanding the complexities of modern economies.\u003c\/p\u003e\n\n\u003cp\u003eReaders can explore themes of economic policy, debt, and financial instability through her meticulously researched books. Ideal for those interested in \u003cem\u003ePolitics \u0026amp; Current Affairs\u003c\/em\u003e, Reinhart’s writing uncovers the recurring dynamics that shape economic cycles worldwide.\u003c\/p\u003e","products":[{"product_id":"this-time-is-different-by-kenneth-s-rogoff-9780691152646","title":"This Time Is Different","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cstrong\u003eA comprehensive look at international financial crises that puts more recent economic meltdowns into perspective\u003c\/strong\u003e\u003c\/p\u003e\n\n\u003cp\u003eThroughout history, rich and poor countries alike have been lending, borrowing, crashing — and recovering — their way through an extraordinary range of financial crises. Each time, the experts have chimed, \"this time is different\" — claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters.\u003c\/p\u003e\n\n\u003cp\u003eWith this breakthrough study, leading economists Carmen Reinhart and Kenneth Rogoff definitively prove them wrong. Covering sixty-six countries across five continents, \u003ci\u003eThis Time Is Different\u003c\/i\u003e presents a comprehensive look at the varieties of financial crises, and guides us through eight astonishing centuries of government defaults, banking panics, and inflationary spikes — from medieval currency debasements to today's subprime catastrophe.\u003c\/p\u003e\n\n\u003cp\u003eCarmen Reinhart and Kenneth Rogoff, leading economists whose work has been influential in the policy debate concerning the current financial crisis, provocatively argue that financial combustions are universal rites of passage for emerging and established market nations. The authors draw important lessons from history to show us how much — or how little — we have learned. Using clear, sharp analysis and comprehensive data, Reinhart and Rogoff document that financial fallouts occur in clusters and strike with surprisingly consistent frequency, duration, and ferocity. They examine the patterns of currency crashes, high and hyperinflation, and government defaults on international and domestic debts — as well as the cycles in housing and equity prices, capital flows, unemployment, and government revenues around these crises.\u003c\/p\u003e\n\n\u003cp\u003eWhile countries do weather their financial storms, Reinhart and Rogoff prove that short memories make it all too easy for crises to recur. An important book that will affect policy discussions for a long time to come, \u003ci\u003eThis Time Is Different\u003c\/i\u003e exposes centuries of financial missteps.\u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003e\u003ci\u003eThis Time Is Different\u003c\/i\u003e doesn't simply explain what went wrong in our most recent crisis. This book also provides a roadmap of how things are likely to pan out in the years to come... \u003ci\u003eThis Time Is Different\u003c\/i\u003e is an important addition to the literature of financial history.\u003c\/strong\u003e — Edward Chancellor, \u003ci\u003eWall Street Journal\u003c\/i\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003eThis Time Is Different [is a] landmark work on financial crises.\u003c\/strong\u003e — Megan McArdle, \u003ci\u003eTheAtlantic.com\u003c\/i\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003eUnlike prior narrative accounts of market panics from other finance writers... Reinhart and Rogoff give us a data-driven study that is global in sweep but also a model of clarity. The authors package their notably non-hysterical analysis of the latest crisis in a large, self-contained section of the book inviting harried readers to skip right ahead to it.\u003c\/strong\u003e — Daniel Akst, \u003ci\u003eCNNMoney.com\u003c\/i\u003e\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Hachette Aotearoa New Zealand","offers":[{"title":"Default Title","offer_id":47559077789932,"sku":"9780691152646","price":54.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780691152646-this-time-is-different.jpg?v=1776929267"}],"url":"https:\/\/bookhero.co.nz\/collections\/carmen-m-reinhart.oembed","provider":"Book Hero","version":"1.0","type":"link"}