Global Financial Contagion

Shalendra D. Sharma is a Professor in the Department of Politics at the University of San Francisco. He is the author of several books, including China and India in the Age of Globalization (Cambridge, 2009), which was the winner of the 2010 Alpha Sigma Nu Book Award; Achieving Economic Development in the Era of Globalization (2007); The Asian Financial Crisis: Crisis, Reform and Recovery (2003); and Democracy and Development in India (1999), which won the Choice Outstanding Academic Title for 1999. He is also the editor of The Asia-Pacific in the New Millennium: Geopolitics, Security, and Foreign Policy (2000). Professor Sharma has published more than four dozen articles in leading peer-reviewed journals. He received his PhD from the University of Toronto.

Introduction; 1. The United States: why the trigger?; 2. The Bush and Obama Administrations' response; 3. From the American to the European crisis; 4. The Eurozone's sovereign debt crisis; 5. Russia: not an exceptional country; 6. China: from crisis management to rebalancing; 7. Japan, South Korea, and India: impact and recovery; 8. The Middle East amid the global financial crisis; 9. The great recession and the world's poorest; 10. G20 world: economic governance for the post-crisis world.