Mediation of Financial Crises
Subtitle: Watchdogs, Lapdogs or Canaries in the Coal Mine?
Publisher: Lang AG International Academic Publishers, Peter
Published: 2020
Language: eng
Number of pages: 184
ISBN-13: 9781433152313
Subjects: Literature
Description: "In 2007-8 the world economy started its heady journey down in to recession. The Queen herself asked "why didn't we see this coming", but it's a question that remains unanswered. A decade on 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 journalism, like bankers and regulators, needs 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. This book assesses the role financial and economics journalists should play for society, the limits and challenges they face, the reality of the situation as we see in the content that has been narrowing. It does so with some empirical evidence and interviews with some esteemed and esteemed journalists"--