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6. Governments and the Demand for Reform

Philip T. Hoffman , Gilles Postel-Vinay and Jean-Laurent Rosenthal

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Surviving Large Losses

This chapter is in the book Surviving Large Losses

© 2015 by the President and Fellows of Harvard College

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© 2015 by the President and Fellows of Harvard College

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Chapters in this book

Frontmatter i
Contents v
Acknowledgments vii
Introduction 1
1. The Political Economy of Financial Crises 9
2. Information and Crises 31
3. Crises and the Middle Class 64
4. What Happens after Crises 101
5. Financial Intermediaries and the Demand for Change 128
6. Governments and the Demand for Reform 157
Conclusion: The Lessons of History 194
Notes 225
References 239
Index 255

https://doi.org/10.4159/9780674038714-008

Chapters in this book

Frontmatter i
Contents v
Acknowledgments vii
Introduction 1
1. The Political Economy of Financial Crises 9
2. Information and Crises 31
3. Crises and the Middle Class 64
4. What Happens after Crises 101
5. Financial Intermediaries and the Demand for Change 128
6. Governments and the Demand for Reform 157
Conclusion: The Lessons of History 194
Notes 225
References 239
Index 255

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