The Great Crash of 2008

Prime Minister Kevin Rudd’s speech at the launch of The Great Crash of 2008 – Canberra, October 2009

Great Crash of 2008 – Ross Garnaut in conversation with Ian MacFarlane (Audio Podcast) – The Lowy Institute for International Policy October 2009

Great Crash of 2008 Australian National University Panel Discussion with Ross Garnaut, David Gruen, Stephen Grenville, Andrew MacIntyre and Hal Hill (Audio Podcast) – October 2009

The Great Crash of 2008 by Ross Garnaut with David Llewellyn-Smith

(Melbourne University Publishing, 2009)

The Great Crash.indd

As the world enjoyed the prosperity of an unparalleled boom, an economic earthquake was looming, and then struck abruptly. Bastions of finance collapsed, long-standing policy beliefs were abandoned, and governments charged into the rubble without time to watch their steps. But for those who were looking, the faultlines that ran beneath the boom had been apparent for years.

In The Great Crash of 2008, Ross Garnaut and David Llewellyn-Smith take us through the imbalances that led to the global financial crisis, tracing the cracks that were appearing within the modern economy and presenting a whole-world view of reasons for the downturn. They assess the implications of the global financial crisis and offer hope for finding order in the wreckage, in restoring development and building a stronger and more sustainable world.