Crisis: Updated Edition

Author(s): Alan Bollard, with Sarah Gaitanos

NZ Non Fiction

Reserve Bank Governor Alan Bollard's bestselling Crisis was a first-hand account of the global financial meltdown. Two years on, this new edition of Crisis brings the story up to date. Crisis takes readers from the overheated markets of 2007, through the collapse of investment banks and stressful times for numerous economies in 2008/9, and on to a fragile recovery around the world since 2010. In two new chapters for this edition, Bollard reveals how New Zealand is grappling with the impact of the US debt ceiling crisis, the current sovereign debt crises in Europe and the devastating effects of the Christchurch earthquakes. Bad news on the Reuters screen, emergency meetings and urgent decisions, making sure Christchurch has enough cash and ATMs: Crisis captures the drama of events as politicians, bankers and government officials struggle to deal with the worst financial crisis since the Great Depression. Dr Alan Bollard has been governor of the Reserve Bank of New Zealand since 2002. Author of a number of books, he has previously been Secretary to the Treasury, Chair of the Commerce Commission and Director of the New Zealand Institute of Economic Research. Sarah Gaitanos is an independent writer and oral historian.

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‘Even for those who don't know their OCR from their ECB, the progression of this descent into financial hell is a gripping tale, with enough human touches to make it a truly personal insight.’ - Brenda Ward, Management Magazine

Dr Alan Bollard has been governor of the Reserve Bank of New Zealand since 2002. Author of a number of books, he previously held positions as Secretary to the Treasury, Chair of the Commerce Commission and Director of the New Zealand Institute of Economic Research. Sarah Gaitanos is an independent writer and oral historian, author of Nola Millar: A Theatrical Life (VUP, 2006) and The Violinist: Clare Galambos Winter, Holocaust Survivor (VUP, 2011). She held the Todd Writers’ Bursary in 2008, a Claude McCarthy Fellowship in 2009 and a Winston Churchill Memorial Trust Fellowship in 2012

Preface 2010 -- Preface to Updated Edition 2012 -- Chapter 1: The End of the Golden Weather: The background, 1987-2007 -- Chapter 2: Gathering Storm Clouds: 2007-August 2008 -- Chapter 3: Bursts, Busts and Bailouts: September 2008 -- Chapter 4: A Very Bad Week in a Very Bad Month: October 2008 -- Chapter 5: The Contagion Spreads: October-December 2008 -- Chapter 6: From Hong Kong to Basel: December 2008-January 2009 -- Chapter 7: On the Tight Rope: February 2009 -- Chapter 8: How Bad Could This Get?: March 2009 -- Chapter 9: The First Green Shoots: April-June 2009 -- Chapter 10: Fragile Recovery: June-August 2009 -- Chapter 11: Bring Out Your Dead -- New chapters -- Chapter 12: Troughs and Ceilings: Global impacts of European sovereign debt crisis -- Chapter 13: Shocks and Jolts: Economic and financial effects of the Christchurch earthquakes -- Timeline -- Further Reading -- Index.

General Fields

  • : 9781869407407
  • : Auckland University Press
  • : Auckland University Press
  • : 0.285
  • : September 2012
  • : 210x138mm
  • : New Zealand
  • : September 2012
  • : books

Special Fields

  • : Alan Bollard, with Sarah Gaitanos
  • : Paperback
  • : updated
  • : 330.90511
  • : 256
  • : illustrations