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

Knowles, Sophie ORCID logoORCID: (2020) The mediation of financial crises: watchdogs, lapdogs or canaries in the coal mine? Global Crises and the Media, 25 . Peter Lang, London, New York. ISBN 9781433152306, pbk-ISBN 9781433152313, e-ISBN 9781433152337, e-ISBN 9781433152320. [Book] (doi:10.3726/b16560)


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.

Item Type: Book
Research Areas: A. > School of Media and Performing Arts > Media
Item ID: 25191
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Depositing User: Sophie Knowles
Date Deposited: 24 Sep 2018 09:55
Last Modified: 30 Oct 2020 16:46

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