What caused the financial crisis of 2007-9 and the recession that followed? How did governments and the international banking system respond? Senior Lecturer William Brown is joined by three course team members to address the key issues that emerged as a result of the financial crisis and what it reveals about shifts in the international system. The album also explores how the principles of game theory could be applied to regulating complex financial problems. This material forms part of The Open University course DU301 A world of whose making?
Three members of the DU301 course team join William Brown (senior course lecturer) to discuss the recent financial crisis of 2007/09.
Transcript -- Three members of the DU301 course team join William Brown (senior course lecturer) to discuss the recent financial crisis of 2007/09.
Hedley stone of the DU301 course team shares his thoughts on the financial crisis as a 'collective action problem'.
Transcript -- Hedley stone of the DU301 course team shares his thoughts on the financial crisis as a 'collective action problem'.
Thoughts about what the financial crisis and the responses to it tell us about shifts and changes in the international system more generally.
Transcript -- Thoughts about what the financial crisis and the responses to it tell us about shifts and changes in the international system more generally.