Global finance in crisis : America's pocketbook in peril?
Krogh, Peter F. (Peter Frederic)
Examines the origins of the financial crisis that took hold of the world in the late 1990s, as well as strategies to preventing such meltdowns in the future.
In 1997 a financial crisis gripped much of Asia, forcing years of rapid economic growth to a screeching halt. Fallout from the Asian crisis sent shockwaves through economies around the world, giving rise to fears of a global meltdown. The effects of the financial crisis struck markets in Russia and Latin America, and soon reached the United States, where it threatened to hamper the prosperous American economy. With nearly a third of recent U.S. economic growth coming from exports, the meltdown abroad posed a direct threat to American profits and jobs. To examine the financial crisis of the late 1990s, host Peter Krogh sits down with U.S. Secretary of the Treasury Robert Rubin. Prior to his service with the Clinton Administration, Rubin was with the investment bank Goldman Sachs for 26 years. As Secretary of the Treasury, Rubin played a leading role in combating and containing the growing financial crisis. Together, Dr. Krogh and Secretary Rubin discuss the origins of the economic crisis, potential measures to halt its spread, and the best means of protecting America’s economic well-being.
The Kentucky NetworkGeorgetown University. School of Foreign ServiceForeign Policy Association
MetadataShow full item record
Showing items related by title, author, creator and subject.
Krogh, Peter F. (Peter Frederic) (Georgetown University. School of Foreign ServiceForeign Policy Association, 1995)Examines America's role and interests in the international financial system.