The Mediation of Financial Crises: Watchdogs, Lapdogs or Canaries in the Coal Mine? Contributor(s): Cottle, Simon (Other), Knowles, Sophie (Author) |
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ISBN: 1433152312 ISBN-13: 9781433152313 Publisher: Peter Lang Inc., International Academic Publi OUR PRICE: $44.60 Product Type: Paperback - Other Formats Published: October 2020 |
Additional Information |
BISAC Categories: - Language Arts & Disciplines | Journalism - Business & Economics | International - Economics - Business & Economics | Economic History |
Dewey: 070.449 |
LCCN: 2019056157 |
Physical Information: 0.43" H x 6" W x 9" (0.61 lbs) 186 pages |
Descriptions, Reviews, Etc. |
Publisher Description: In 2007-8 the world economy started its heady journey to recession. The Queen herself asked why didn't we see this coming, but it's a question that remains unanswered. A decade later and it is still not clear exactly who is responsible for the crisis. The world has experienced the long-term impact of austerity policies on its welfare system and the political landscape is completely changed. This analysis of the media that reported on this crisis and where it came from is long overdue. The media were responsible for warning the public--a role they failed in. This book provides evidence that journalists, like bankers and regulators, need to be held accountable. The Global Financial Crisis is a starting point, but it deserves a much wider context and explanation, one this book provides for the first time. Looking at three global and pivotal financial crises, this book assesses the degree to which financial and economics journalists have played a watchdog role for society. It takes a long glance back from the Global Financial Crisis of 2007-8 to look at the (as it shows, gradually narrowing) content we have been reading in mainstream publications, and speaks to journalists in three countries to gauge the reality of the situation from the perspective of the newsroom. |