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Recessions change countries. The global financial crisis will change the world.
Corruption at the heart of the banking system triggered this crisis. In an interconnected world it spread like a pandemic, with remarkable speed and destruction. As the dominoes fell the inequity of the global system and the limits to growth were starkly revealed.
This crisis will mean an end to business as usual—if the resolution is successful, a new order will prevail. If not the consequences may be dire.
After the Crisis explores what is at stake, projects a new future, analyses historic parallels, examines the limits to growth and graphically reports from the front line around the world. In the lead essay, acclaimed author and business journalist Gideon Haigh goes beyond the clichés to reveal the inter-connected complexity of the financial system and recurring limits of human psychology.
The causes and consequences of the global financial crisis is a subject Griffith Review is uniquely able to explore.
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