Global response to the financial crisis: Track 3

Audio

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What caused the financial crisis of 2007-9 and the recession that followed? How did governments and the international banking system respond? Senior Lecturer William Brown is joined by three course team members to address the key issues that emerged as a result of the financial crisis and what it reveals about shifts in the international system. The album also explores how the principles of game theory could be applied to regulating complex financial problems. This material forms part of The Open University course DU301 A world of whose making?

By: The OpenLearn Team (The Open University)

  • Duration 32 minutes
  • Updated Monday 29th March 2010

Track 3: Collective action and financial crisis

Hedley stone of the DU301 course team shares his thoughts on the financial crisis as a 'collective action problem'.



Tracks in this podcast:

Track Title Description
1 Global response to the financial crisis A short introduction to this album. Play now Global response to the financial crisis
2 Background to the 2007-9 financial crisis Three members of the DU301 course team join William Brown (senior course lecturer) to discuss the recent financial crisis of 2007/09. Play now Background to the 2007-9 financial crisis
3 Collective action and financial crisis Hedley stone of the DU301 course team shares his thoughts on the financial crisis as a 'collective action problem'. Play now Collective action and financial crisis
4 Game Theory Game structures to deal with problems. Play now Game Theory
5 Shifts and changes in international systems Thoughts about what the financial crisis and the responses to it tell us about shifts and changes in the international system more generally. Play now Shifts and changes in international systems