What Global Economic Crisis?

What Global Economic Crisis?

Author
Philip Arestis, Michelle Baddeley, John McCombie (eds.)
Publisher
Palgrave Macmillan UK
Language
English
Edition
1
Year
2001
Page
XVI, 258
ISBN
978-1-4039-3496-3,978-0-333-99274-6
File Type
pdf
File Size
61.0 MiB

Economics has become an excessively esoteric discipline. Opportunities to bridge the gap between theorizing and policymaking are becoming increasingly limited. One issue of great importance to modern policymakers is the relationship between globalization and economic crisis. With unprecedented trends towards globalization (in part propelled by developments in information technology), the repercussions of economic crisis are more profound than ever before, particularly for developing countries. What Global Economic Crisis? bridges the gap between theory and policy by examining the destabilising effects of financial crises on economic growth, stability and development. It also presents some innovative ideas intended to inform the design of institutions able to foster more effective international policy coordination.

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