The mediation of financial crises: watchdogs, lapdogs or canaries in the coal mine?

Authored Book


Knowles, S. 2020. The mediation of financial crises: watchdogs, lapdogs or canaries in the coal mine? London, New York Peter Lang.
TypeAuthored Book
TitleThe mediation of financial crises: watchdogs, lapdogs or canaries in the coal mine?
AuthorsKnowles, S.
Abstract

In 2007-8 the world economy started its heady journey to recession. The Queen herself asked "why didn't we see this coming," but it's a question that remains unanswered. A decade later 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 journalists, like bankers and regulators, need 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. Looking at three global and pivotal financial crises, this book assesses the degree to which financial and economics journalists have played a watchdog role for society. It takes a long glance back from the Global Financial Crisis of 2007-8 to look at the (as it shows, gradually narrowing) content we have been reading in mainstream publications, and speaks to journalists in three countries to gauge the reality of the situation from the perspective of the newsroom.

LanguageEnglish
SeriesGlobal Crises and the Media
ISBN
Hardcover9781433152306
Paperback9781433152313
Electronic9781433152337
Electronic9781433152320
PublisherPeter Lang
Place of publicationLondon, New York
Publication dates
Print20 Oct 2020
Publication process dates
Deposited24 Sep 2018
Submitted2019
Output statusPublished
Web address (URL)https://www.peterlang.com/view/title/67516
Digital Object Identifier (DOI)https://doi.org/10.3726/b16560
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