Download or read book Fragile Finance written by A. Nesvetailova and published by Springer. This book was released on 2007-10-17 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fragile Finance examines financial crisis in the era of global credit. Drawing on the work of Hyman Minsky, the book discusses the global financial system over the past decade, suggesting that financial fragility stems from an explosive combination of financial innovation, over-borrowing, and progressive illiquidity of financial structures.