Academic Commons


BBC Postcard on the Financial Crisis

Bhagwati, Jagdish N.

The current financial crisis poses little risk of a meltdown like the Great Crash in 1929. Left to itself, it certainly could. But the governments are wide awake and a flood of interventions to kill the crisis is in evidence. The crisis therefore will pass. Will it however destroy “capitalism” and undermine “globalization”? I find such claims fanciful.



  • thumnail for BBC_Postcard_October_2008.doc BBC_Postcard_October_2008.doc application/msword 23 KB Download File

More About This Work

Academic Units
Published Here
August 20, 2009
Academic Commons provides global access to research and scholarship produced at Columbia University, Barnard College, Teachers College, Union Theological Seminary and Jewish Theological Seminary. Academic Commons is managed by the Columbia University Libraries.