CHAPTER 1
High Hopes from the Millennium Summit
The queen raised the right question: why did nobody notice it? Many thought that we had found the recipe for everlasting and shared prosperity. We believed that with the progress of finance we had found the way to propel the world if not to save it. To understand what happened, we need to think back a few years and remind ourselves what it was like to be at the dawn of the third millennium. And then we must try to answer the question: what went wrong? This is the objective of the first five chapters. Chapter 1 focuses on the years before the financial crisis and questions why it did not turn out according to the plan set up in New York in September 2000. It describes the environment that allowed ...
Get Can Finance Save the World? now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
