From Malaise to Meltdown

The book delves into the impact of global competition on policymaking, revealing how it has often resulted in relaxed regulations. This trend has historically paved the way for significant financial crises, highlighting the tension between economic growth and regulatory oversight. Through a detailed analysis, the author examines the consequences of prioritizing competitiveness over stability, providing insights into the cyclical nature of financial turmoil and the lessons that can be learned for future governance.