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What G20 Leaders Must Do to Stabilise Our Economy and Fix the Financial System (Paperback, New)
Loot Price: R422
Discovery Miles 4 220
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What G20 Leaders Must Do to Stabilise Our Economy and Fix the Financial System (Paperback, New)
Series: VoxEU.Org Books
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Loot Price R422
Discovery Miles 4 220
Expected to ship within 12 - 17 working days
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In late 2008 the world was at a dangerous point. Governments and
central banks had just about stopped the bleeding in their
financial systems following the fall of Lehman Brothers, but they
were unprepared for the recession that was to infect all parts of
the global economy and become a truly global crisis. This book,
first published as an eBook to coincide with the November 2008 G20
meeting in Washington, provides the views of some of the world's
leading economists on what world leaders needed to do - act quickly
in: / The financial sector to strengthen and coordinate emergency
measures to staunch the bleeding / The real sector using fiscal
stimulus to get the patient's heart pumping again / The global
arena to empower the IMF and other existing institutions to deal
with the crisis in emerging markets. Above all, though, the
recommendation was to do no harm. The authors knew that the wrong
outcome from this meeting could have damaged the world economy
rather than repair it. Fortunately, much of their advice was
heeded. And while events have moved on, policymakers and opinion
formers today could still do with a refresher. The authors are:
Alberto Alesina, Erik Berglof, Willem Buiter, Guillermo Calvo,
Stijn Claessens, Paul De Grauwe, Wendy Dobson, Barry Eichengreen,
Daniel Gros, Refet Gurkaynak, Takatoshi Ito, Vijay Joshi, Yung Chul
Park, Raghuram Rajan, Dani Rodrik, Michael Spence, Guido Tabellini,
David Vines, Ernesto Zedillo and Jeromin Zettelmeyer.
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