The Leaderless Economy
David Vines, Peter Temin
* Affiliatelinks/Werbelinks
Links auf reinlesen.de sind sogenannte Affiliate-Links. Wenn du auf so einen Affiliate-Link klickst und über diesen Link einkaufst, bekommt reinlesen.de von dem betreffenden Online-Shop oder Anbieter eine Provision. Für dich verändert sich der Preis nicht.
Sozialwissenschaften, Recht, Wirtschaft / Wirtschaft
Beschreibung
A new way to understand financial crises—and a blueprint for tomorrow's recovery
The Leaderless Economy reveals why international financial cooperation is the only solution to today's global economic crisis. In this timely and important book, Peter Temin and David Vines argue that our current predicament is a catastrophe rivaled only by the Great Depression. Taking an in-depth look at the history of both, they explain what went wrong and why, and demonstrate why international leadership is needed to restore prosperity and prevent future crises.
Temin and Vines argue that the financial collapse of the 1930s was an "end-of-regime crisis" in which the economic leader of the nineteenth century, Great Britain, found itself unable to stem international panic as countries abandoned the gold standard. They trace how John Maynard Keynes struggled for years to identify the causes of the Great Depression, and draw valuable lessons from his intellectual journey. Today we are in the midst of a similar crisis, one in which the regime that led the world economy in the twentieth century—that of the United States—is ending. Temin and Vines show how America emerged from World War II as an economic and military powerhouse, but how deregulation and a lax attitude toward international monetary flows left the nation incapable of reining in an overleveraged financial sector and powerless to contain the 2008 financial panic. Fixed exchange rates in Europe and Asia have exacerbated the problem.
The Leaderless Economy provides a blueprint for how renewed international leadership can bring today's industrial nations back into financial balance--domestically and between each other.
Kundenbewertungen
Government spending, International monetary systems, Tax, Government bond, Macroeconomics, Balance of payments, Depreciation, Currency, Current account, Deflation, Financial crisis, Consumer, External debt, Currency crisis, Recession, Fiscal policy, Inflation, Supply (economics), Debt, Income, John Maynard Keynes, Bank, Economic history, Globalization, Government budget balance, Monetary policy, Employment, Government debt, World economy, Payment, Policy, Bretton Woods system, Industrialisation, International Monetary Fund, Financial crisis of 2007–08, Keynesian economics, Investment, Unemployment, Risk premium, Foreign direct investment, Western Europe, Monetary authority, Economics, Interest rate, Bank of England, Economist, Tax revenue, Marshall Plan, Investor, James Meade, Aggregate demand, International trade, Eurozone, Competitiveness, Economy, Developed country, Tariff, Devaluation, Exchange rate, Balance of trade, European debt crisis, Central bank, Austerity, Economic growth, Capital control, Private sector, Asset, Deficit spending, Economic policy, Saving