Reserve Bank Governor Alan Bollard's bestselling Crisis was a first-hand account of the global financial meltdown. Two years on, this new edition of Crisis brings the story up to date. Crisis takes readers from the overheated markets of 2007, through the collapse of investment banks and stressful times for numerous economies in 2008/9, and on to a fragile recovery around the world since 2010. In two new chapters for this edition, Bollard reveals how New Zealand is grappling with the impact of the US debt ceiling crisis, the current sovereign debt crises in Europe and the devastating effects of the Christchurch earthquakes. Bad news on the Reuters screen, emergency meetings and urgent decisions, making sure Christchurch has enough cash and ATMs: Crisis captures the drama of events as politicians, bankers and government officials struggle to deal with the worst financial crisis since the Great Depression. Dr Alan Bollard has been governor of the Reserve Bank of New Zealand since 2002. Author of a number of books, he has previously been Secretary to the Treasury, Chair of the Commerce Commission and Director of the New Zealand Institute of Economic Research.
Sarah Gaitanos is an independent writer and oral historian.
