Eric Helleiner - Global financial crisis.mov

Eric Helleiner, a Waterloo political science professor and CIGI Chair in International Political Economy at the Balsillie School of International Affairs, shares his thoughts on what was behind the international financial crisis that started in 2007-2008, why the world economy continues to be in turmoil, and what's in store for Canada's economic future.

Helleiner is the author of many books and has won awards including a Trudeau Foundation Fellows Prize, the Donner Book Prize, Marvin Gelber Essay Prize in International Relations, and the Symons Award for Excellence in Teaching. He has been a Canada Research Chair and was founding Director of the MA and PhD Programs in Global Governance at the Balsillie School of International Affairs.

Category:

Education

Tags:

• Eric Helleiner
• University of Waterloo
• financial crisis
• recession
• economy
• political economy
• political science
• CIGI
• Balsillie School
• international affairs

[ericclaptonismygod31]

I wonder if you could more closely examine the role of low interest rates as a major cause. Risk cannot be properly priced (or controlled) when the central bank makes saving artifically cheap, as Greenspan did between 2001 and 2004. This is when sub-prime lending (and home prices) surged. Rather than make this a typical (driven by hindsight) social democratic push for more regulation, why not first talk about the role of the state in creating this crisis?

Our political economy deserves better!

[cfoster84]

Keep these coming guys. Great stuff