Overview

Crisis is a first-hand account of the 2007-09 global financial and economic meltdown, as experienced, observed and interpreted by Alan Bollard, Governor of the Reserve Bank of New Zealand. The book backgrounds the crisis, then takes readers from the overheated markets of 2007, through the collapse of investment banks and crises in multiple economies and on to the recovery of the world economy. Dr Bollard describes the crisis in human terms as systems, relationships and personal stamina are put to the test, capturing the drama as politicians, bankers and government officials work out how to deal with the worst financial crisis since the Great Depression. The story is in part a New Zealand one, as Bollard works with Finance Ministers Michael Cullen and Bill English and others to deal with events as they unfold. But it is also international, as Bollard shuttles off to banker meetings in Basel and Jackson's Hole to grapple with international developments. The central figure in managing the financial crisis in New Zealand, Bollard also has a unique perspective as New Zealand's representative in international forums.

Full Product Details

9781869404697

Table of Contents

Reviews

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. -- NZ Management Magazine

This book is unique. American readers, I highly recommend that you buy this book and take advantage of a unique peephole into recent history. --Joan Druett Blog A rare first-hand account of how international finance chiefs struggled to cope with the downturn. --AFP Bollard's book gives a sense of the human dimension of the global financial crisis. --NZ Herald 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. --NZ Management Magazine The compact volume will be must reading for all bankers over the coming weeks. --National Business Review

This book is unique. American readers, I highly recommend that you buy this book and take advantage of a unique peephole into recent history. --Joan Druett Blog 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. --NZ Management Magazine A rare first-hand account of how international finance chiefs struggled to cope with the downturn. --AFP Bollard's book gives a sense of the human dimension of the global financial crisis. --NZ Herald The compact volume will be must reading for all bankers over the coming weeks. --National Business Review

Author Information

Dr Alan Bollard has been governor of the NZ Reserve Bank since 2002. He has a PhD in economics from The University of Auckland and is the author of a number of books, including Small Business in New Zealand (Allen and Unwin, 1988) and The Structure and Dynamics of New Zealand Industries (Dunmore, 1998). He has previously held such positions as Secretary of 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). She is currently completing her second biography, of Hungarian violinist Clare Galambos Winter, a Holocaust survivor. Sarah was awarded the Todd Writers' Bursary in 2008 and a Claude McCarthy Fellowship in 2009.

Tab Content 6

Customer Reviews

Recent Reviews

Countries Available