FAULT LINES. HIDDEN CRACKS THAT STILL THREATEN.. - RAGHURAM G. RAJAN

Raghuram G. Rajan's "Fault Lines" is a fascinating analysis of the causes of financial crises around the world. The author, a world-renowned economist, takes the reader on a journey through the global economy, revealing the hidden mechanisms and tensions that lead to the emergence of "fault lines".

• In-depth analysis of the causes of financial crises
• Accessible language, understandable to every reader
• Authored by a world-renowned economist
• Current and important economic issues
• Metaphor of the fault line as a key to understanding the global economy
• Sharp look at the role of the United States in crises
• Analysis of the impact of monetary policy on financial stability

Raghuram G. Rajan, the author of the book, is a distinguished economist of Indian origin, teaching at the Booth School of Business at the University of Chicago. From 2003 to 2006, he served as the chief economist of the International Monetary Fund. His rich experience and knowledge enable him to deeply analyze economic and financial phenomena, as well as formulate accurate conclusions and forecasts.

The book "Fault Lines" is not only an analysis of the causes of crises, but also an attempt to find answers to the question of how to prevent them in the future. The author does not propose a single, miraculous recipe, but points to the need to understand the complexity of the global economy and take into account many factors that affect its stability. Rajan emphasizes that the key to avoiding crises is responsible monetary policy, regulation of the financial sector, and care for balance in global capital flows.

This publication is a must-read for anyone interested in economics, finance, and the global economy. Thanks to it, the reader will gain a deeper understanding of the mechanisms that govern the world of finance, and will be able to better assess the risks and opportunities associated with them. "Fault Lines" is a book that provokes thought and encourages the search for one's own answers to questions about the future of the global economy.

Wydawnictwo Naukowe PWN ensured the high editorial quality of the book. The hardcover and careful edition make reading a pleasure, and the book can be an ornament to any library. The 144x211 mm format and 396 pages ensure comfortable reading, and the year of publication 2020 guarantees the topicality of the issues discussed.