Explores what caused the housing and mortgage crisis and provides remedies to repair the damage to ensure fairness, protect consumers, and guarantee soundness of the financial system without stifling innovation and overly restricting access to credit and consumer choice - Provided by publisher

"Backed by extensive study of mortgage loans made to low-income Americans over a ten-year period, argues that in the wake of the financial crisis of 2008-09, lenders need not shy away from the low-income as risks but institute equitable and sustainable homeownership policies that include...

This paper outlines the macroeconomic experiences of the Japanese economy since 1990. The MSG2 multi-country model is used to determine the extent to which the strong yen and growth experience of Japan over this period was due to underlying trends in the Japanese economy and to what extent...

Rapid growth of the Chinese economy in the past decade and its potential for strong growth into the foreseeable future have caused anxieties in the rest of the world. Some commentators see Chinese growth wholly in terms of competition for trade and investment opportunities with other developing...