Chapter 1.: Causes of the global financial crisis -- 1. China and Russia blame U.S. policies for the crisis / Jenny Booth -- 2. The greed of financial institutions caused the crisis / Oskari Juurikkala -- 3. "Boom thinking" caused the crisis / Robert J. Shiller -- 4. The weakness of banking regulations caused the crisis / Vince Cable -- 5. Low interest rates caused the crisis / Tito Boeri and Luigi Guiso -- 6. Abandoning the gold standard caused the crisis / Dominic Lawson -- 7. United States and China must join forces to control crisis / Michael Pettis -- Chapter 2: Effects of the global financial crisis on wealthier nations -- 1. In the United States, the financial crisis creates tent cities and homelessness / Kathy Sanborn -- 2. Canada will not suffer a subprime mortgage crisis / Jonathan Kay --3. Australia's economy remains bound up with that of the United States / Sean Carmody -- 4. The European Union is buckling under the crisis / Edward Hugh -- 5. In Iceland, an economic miracle ended in disaster / Andrew Pierce -- 6. The crisis fuels unrest in France, Britain, China, and Russia / Thomas Huetlin ... [et al.] -- 7. Israel will cut social programs, but not military spending / Daniel Rosenberg -- Chapter 3: Effects of the global financial crisis on developing nations -- 1. Worldwide, migrant workers are threatened by job losses and xenophobia / Ron Synovitz -- 2. In India and China, the crisis may worsen poverty / Jayshree Bajoria -- 3. China could use the crisis to become a responsible world power / Jing Men -- 4. The Philippines is in a good position to weather the crisis / Antonio A. Esguerra II -- 5. Latin America is struggling to deal with the crisis / Woodrow Wilson International Center for Scholars -- 6. Islamic banks are insulated from the crisis / Faiza Saleh Ambah -- Chapter 4: Solutions to the global financial crisis -- 1. International investments complicate the financial crisis and its remedy / Michael Mandel -- 2. Protectionist measures will worsen the crisis / Jaime Daremblum -- 3. In Africa, ending neoliberal economic policies will solve the crisis / Demba Moussa Dembele -- 4. U.S. bailouts are corporate welfare and will not solve the crisis / George Monbiot -- 5. Japan's experiences provide lessons for dealing with the crisis / Masaaki Shirakawa -- 6. The United States should follow Sweden's example and nationalize its banks / Matthew Richardson and Nouriel Roubini -- 7. Sweden's experience does not provide support for bank nationalization / Fredrik Erixon.