The puzzle of successful global governance -- Yes, the system worked -- Why the misperception? -- Basel III and the role of interest -- The role of power -- The role of ideas -- Where do we go from here?

"Since mid-2007, the world scenario has been dominated by the US sub-prime mortgage crisis and its repercussions on global financial markets and economic growth. As banks around the world wrote down their losses and governments intervened to rescue domestic financial institutions, financial...

The United States: why the trigger? -- The Bush and Obama administration's response -- From the American to the European crisis -- The Eurozone's sovereign debt crisis -- Russia: not an exceptional country -- China: from crisis management to rebalancing -- Japan, South Korea and India: impact...

For Michel Serres, economic crises are earthquakes caused by societal tectonic plates. The current crisis erupted because of the widening discrepancy between major social changes and institutions that have remained the same since WWII.Serres, one of the first to bring nature into the political,...

Biographical note: Anat Admati is the George G. C. Parker Professor of Finance and Economics at Stanford’s Graduate School of Business. She serves on the FDIC Systemic Resolution Advisory Committee and has contributed to the "Financial Times", "Bloomberg News", and the "New York Times". Martin...