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The only game in town : central banks, instability, and avoiding the next collapse / Mohamed A. El-Erian.

El-Erian, Mohamed A., 1958- author. (Author).
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Available copies

  • 9 of 9 copies available at Evergreen Indiana.

Current holds

0 current holds with 9 total copies.

Location Call Number / Copy Notes Barcode Shelving Location Status Due Date
APLS-Decatur 332.11 ELE ONL (Text) 34207001979237 Adult Non-Fiction Available -
Bloomfield Eastern Greene County Public Library - Bloomfield 332.1 ELE (Text) 36803000971411 NONFICTION Available -
Hussey-Mayfield Memorial Branch 332.11 EL-ERIAN (Text) 33946003114167 Nonfiction . 2nd Floor Available -
Lebanon Public Library - Lebanon 332.11 ELE (Text) 34330513019357 Adult - Non-Fiction Available -
Mooresville Public Library - Mooresville BUS 332.11 ELE (Text) 37323005257632 BUSINESS Available -
Morgan County Public Library - Martinsville 332.11 ELE (Text) 78551000525273 Non-Fiction Available -
Plainfield-Guilford Township Public Library 332.11 Elerian (Text) 31208912441427 non-fiction Available -
Rochester Library 332.11 ELE (Text) 33187004012379 Nonfiction - R Available -
Westfield Washington Public Library - Westfield 332.11 El-Erian (Text) 78292000353697 Adult Non-Fiction Book Collection Available -

Record details

  • ISBN: 9780812997620
  • ISBN: 081299762X
  • Physical Description: xxi, 296 pages : illustrations ; 25 cm
  • Edition: First edition.
  • Publisher: New York : Random House, [2016]

Content descriptions

Bibliography, etc. Note: Includes bibliographical references (pages 269-284) and index.
Formatted Contents Note: The why, how, and what of this book. Setting the stage -- The only game in town -- Central banks' communication challenge -- How and why this book is organized -- Context: the rise, collapse, and resurrection of central banking. The golden age of central banks and "bubblish finance": a brief historical perspective -- Cascading failures -- Central bank resurrection: durable or a dead cat bounce? -- From the what to the so what. Setting the stage: the ten big challenges -- The quest of a generation: sustaining inclusive growth -- Reducing the risk of the unemployed becoming unemployable -- The inequality trifecta -- The persistent trust deficit -- National political dysfunction -- The "G-O": slide into the "international economic non-system" -- The migration and morphing of financial risk -- The liquidity delusion -- Bridging the gap between markets and fundamentals -- It is hard to be a good house in a challenged neighborhood -- The desirable way forward. Addressing the ten big challenges: dealing with willing central banks that lack sufficient tools -- The reduced-form approach to a grand policy design -- From what should happen to what is likely to happen. When desirable and feasible differ -- Turning paralyzing complexity into actionable simplicity -- The belly of the distribution of potential outcomes -- A world of greater divergence(I): multi-speed growth -- A world of greater divergence (II): multi-track central banks -- A world of greater divergence (III): non-economic, non-policy headwinds -- A world of greater divergence (IV): disruptive innovation goes macro -- Putting it all together -- The keys to navigating a bimodal distribution. What history tells us -- Recognizing blind spots and overcoming biases -- Advancing and enhancing cognitive diversity -- Translating awareness into optionality, resilience, and agility -- The power of scenario analyses -- Valuing liquidity and optionality -- Bringing it all together. In sum.
Summary, etc.: "Our current economic path is coming to an end. Where we go when we reach this inflection point - toward renewed growth and prosperity, or toward increased malaise and financial chaos - is not pre-destined. It is up to us; to our assessment of the situation and our actions, both as individuals and collectively. Now El-Erian, one of the most influential and highly regarded thinkers in the world, provides us with a diagnosis and roadmap to understanding where we are today, how and why our central banks have become the essential actors in the current global economy, but cannot remain so, and where we can - indeed, should and must - go from here as individual investors, households, economies, societies, and governments"-- Provided by publisher.
Subject: Banks and banking, Central.
Monetary policy.
Economic policy.
BUSINESS & ECONOMICS > Banks & Banking.
POLITICAL SCIENCE > Public Policy > Economic Policy.
BUSINESS & ECONOMICS > Economics > Macroeconomics.
Banques centrales.
Politique monétaire.
Politique économique.

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