Business & Economics Books:

From Great Depression to Great Recession

the elusive quest for international policy cooperation

Format

Paperback / softback

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From Great Depression to Great Recession
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Description

The global financial crisis and the ensuing Great Recession raised concerns about adjustment fatigue, deflation, currency wars, and secular stagnation that presented a sense of daja vu: similar concerns had arisen at the time of the Great Depression and at the end of World War II. As with earlier crises, these concerns prompted calls for greater international policy cooperation-both to achieve a sustainable recovery from the crisis and to prevent future crises. This volume compiles papers from a 2015 symposium of eminent scholars convened by the IMF to discuss how history can inform current debates about the functioning and challenges of the international monetary system. An introductory chapter sets the stage for the other chapters in the volume by giving a broad overview of the performance of the international monetary system over the past century, highlighting the key events and challenges that shaped it. Subsequent sections look at historical antecedents of today's challenges, describe how the modern international monetary system has been-and continues to be-shaped through international financial diplomacy, provide a present-day perspective, and examine the analytics of international policy coordination.

Author Biography

The International Monetary Fund (IMF) is an international organization of 185 Member Countries. It was established to promote international monetary cooperation, exchange stability, and orderly exchange arrangements; to foster economic growth and high levels of employment; and to provide temporary financial assistance to countries in order to help ease balance of payments adjustments.
Release date Australia
January 1st, 2017
Contributors
Edited by Atish R. Ghosh Edited by Mahvash S. Qureshi
Country of Publication
United States
Illustrations
col. figs
Imprint
International Monetary Fund (IMF)
Pages
388
Dimensions
154x229x16
ISBN-13
9781513514277
Product ID
26407900

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