The Shifts And The Shocks

Author: Martin Wolf
Publisher: Penguin Press HC
ISBN: 9781594205446
Size: 67.68 MB
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The Shifts And The Shocks from the Author: Martin Wolf. Provides the complete picture of the global financial crisis, highlighting the existing frailties in the financial system that make more shocks possible and explains ways to make things more stable.

The Shifts And The Shocks

Author: Martin Wolf
Publisher: Penguin
ISBN: 1101608447
Size: 80.66 MB
Format: PDF, Docs
View: 7411
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The Shifts And The Shocks from the Author: Martin Wolf. From the chief economic commentator for the Financial Times—a brilliant tour d’horizon of the new global economy There have been many books that have sought to explain the causes and courses of the financial and economic crisis that began in 2007. The Shifts and the Shocks is not another detailed history of the crisis but is the most persuasive and complete account yet published of what the crisis should teach us about modern economies and econom­ics. Written with all the intellectual command and trenchant judgment that have made Martin Wolf one of the world’s most influential economic com­mentators, The Shifts and the Shocks matches impressive analysis with no-holds-barred criti­cism and persuasive prescription for a more stable future. It is a book no one with an interest in global affairs will want to neglect. From the Trade Paperback edition.

The Shifts And The Shocks

Author: Martin Wolf
Publisher: Penguin UK
ISBN: 0718197976
Size: 78.16 MB
Format: PDF, Mobi
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The Shifts And The Shocks from the Author: Martin Wolf. In The Shifts and the Shocks, Martin Wolf - one of the world's most influential economic commentators and author of Why Globalization Works - presents his controversial and highly original analysis of the economic course of the last seven years There have been many books that have sought to explain the causes and courses of the financial and economic crisis which began in 2007-8. The Shifts and the Shocks is not another detailed history of the crisis, but the most persuasive and complete account yet published of what the crisis should teach us us about modern economies and economics. The book identifies the origin of the crisis in the complex interaction between globalization, hugely destabilizing global imbalances and our dangerously fragile financial system. In the eurozone, these sources of instability were multiplied by the tragically defective architecture of the monetary union. It also shows how much of the orthodoxy that shaped monetary and financial policy before the crisis occurred was complacent and wrong. In doing so, it mercilessly reveals the failures of the financial, political and intellectual elites who ran the system. The book also examines what has been done to reform the financial and monetary systems since the worst of the crisis passed. 'Are we now on a sustainable course?' Wolf asks. 'The answer is no.' He explains with great clarity why 'further crises seem certain' and why the management of the eurozone in particular 'guarantees a huge political crisis at some point in the future.' Wolf provides far more ambitious and comprehensive plans for reform than any currently being implemented. Written with all the intellectual command and trenchant judgement that have made Martin Wolf one of the world's most influential economic commentators, The Shifts and the Shocks matches impressive analysis with no-holds-barred criticism and persuasive prescription for a more stable future. It is a book no-one with an interest in global affairs will want to neglect. MARTIN WOLF is Associate Editor and Chief Economics Commentator at the Financial Times, London. He is the recipient of many awards for financial journalism, for which he was also made a CBE in 2000. His previous books include Why Globalization Works and Fixing Global Finance. "We have been inundated with books about the 'financial' aspects of the crisis. There have also been many books about specific institutions or memoirs by retired policy-makers. We need something different. There are two dimensions of the crisis that have received surprisingly little treatment. One is the link between developments in the macro-economy and the behaviour of the financial sector. The other is the global dimension of the crisis. Both these lie at the heart of Martin Wolf's analysis of the causes of the crisis and of his proposals to reduce the risk of another crisis. For these two reasons this is an important book that will be influential. Most important of all, it is in my view the right analysis and remedy" Mervyn King "To think straight about the causes and solutions of the financial crisis we must reject orthodox assumptions that more finance and global financial integration are limitlessly beneficial. The Shifts and the Shocks does just that, providing an intellectually sparkling and vital account of why the crisis occurred, and of the radical reforms needed if we are to avoid a future repeat" Adair Turner "Martin Wolf is unsurpassed in the world of economic journalists. His superb book may be the best of all those spawned by the Great Recession. It is analytical and rigorous without ever succumbing to fatalism or complacency" Lawrence Summers

Future Shock

Author: Alvin Toffler
Publisher: Bantam
ISBN: 0553277375
Size: 53.98 MB
Format: PDF, ePub, Mobi
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Future Shock from the Author: Alvin Toffler. Predicts the pace of environmental change during the next thirty years and the ways in which the individual must face and learn to cope with personal and social change

The Shock Doctrine

Author: Naomi Klein
Publisher: Metropolitan Books
ISBN: 9781429919487
Size: 53.79 MB
Format: PDF
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The Shock Doctrine from the Author: Naomi Klein. The bestselling author of No Logo shows how the global "free market" has exploited crises and shock for three decades, from Chile to Iraq In her groundbreaking reporting over the past few years, Naomi Klein introduced the term "disaster capitalism." Whether covering Baghdad after the U.S. occupation, Sri Lanka in the wake of the tsunami, or New Orleans post-Katrina, she witnessed something remarkably similar. People still reeling from catastrophe were being hit again, this time with economic "shock treatment," losing their land and homes to rapid-fire corporate makeovers. The Shock Doctrine retells the story of the most dominant ideology of our time, Milton Friedman's free market economic revolution. In contrast to the popular myth of this movement's peaceful global victory, Klein shows how it has exploited moments of shock and extreme violence in order to implement its economic policies in so many parts of the world from Latin America and Eastern Europe to South Africa, Russia, and Iraq. At the core of disaster capitalism is the use of cataclysmic events to advance radical privatization combined with the privatization of the disaster response itself. Klein argues that by capitalizing on crises, created by nature or war, the disaster capitalism complex now exists as a booming new economy, and is the violent culmination of a radical economic project that has been incubating for fifty years.

Hall Of Mirrors

Author: Barry Eichengreen
Publisher: Oxford University Press, USA
ISBN: 0199392005
Size: 37.23 MB
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Hall Of Mirrors from the Author: Barry Eichengreen. "A brilliantly conceived dual-track account of the two greatest economic crises of the last century and their consequences"--

Humanitarian Aftershocks In Haiti

Author: Mark Schuller
Publisher: Rutgers University Press
ISBN: 0813574250
Size: 33.88 MB
Format: PDF, Kindle
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Humanitarian Aftershocks In Haiti from the Author: Mark Schuller. The 2010 earthquake in Haiti was one of the deadliest disasters in modern history, sparking an international aid response—with pledges and donations of $16 billion—that was exceedingly generous. But now, five years later, that generous aid has clearly failed. In Humanitarian Aftershocks in Haiti, anthropologist Mark Schuller captures the voices of those involved in the earthquake aid response, and they paint a sharp, unflattering view of the humanitarian enterprise. Schuller led an independent study of eight displaced-persons camps in Haiti, compiling more than 150 interviews ranging from Haitian front-line workers and camp directors to foreign humanitarians and many displaced Haitian people. The result is an insightful account of why the multi-billion-dollar aid response not only did little to help but also did much harm, triggering a range of unintended consequences, rupturing Haitian social and cultural institutions, and actually increasing violence, especially against women. The book shows how Haitian people were removed from any real decision-making, replaced by a top-down, NGO-dominated system of humanitarian aid, led by an army of often young, inexperienced foreign workers. Ignorant of Haitian culture, these aid workers unwittingly enacted policies that triggered a range of negative results. Haitian interviewees also note that the NGOs “planted the flag,” and often tended to “just do something,” always with an eye to the “photo op” (in no small part due to the competition over funding). Worse yet, they blindly supported the eviction of displaced people from the camps, forcing earthquake victims to relocate in vast shantytowns that were hotbeds of violence. Humanitarian Aftershocks in Haiti concludes with suggestions to help improve humanitarian aid in the future, perhaps most notably, that aid workers listen to—and respect the culture of—the victims of catastrophe.

Fixing Global Finance

Author: Martin Wolf
Publisher: JHU Press
ISBN: 0801898439
Size: 77.36 MB
Format: PDF, ePub, Mobi
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Fixing Global Finance from the Author: Martin Wolf. Sharply and clearly argued, Wolf’s prescription for fixing global finance illustrates why he has been described as "the world's preeminent financial journalist."

A History Of The Global Economy

Author: Jorg Baten
Publisher: Cambridge University Press
ISBN: 110710470X
Size: 22.24 MB
Format: PDF, ePub, Docs
View: 2817
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A History Of The Global Economy from the Author: Jorg Baten. "In co-operation with the International Economic History Association."

Aftershocks

Author: Seva Gunitsky
Publisher: Princeton University Press
ISBN: 1400885329
Size: 77.31 MB
Format: PDF
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Aftershocks from the Author: Seva Gunitsky. Over the past century, democracy spread around the world in turbulent bursts of change, sweeping across national borders in dramatic cascades of revolution and reform. Aftershocks is the first book to offer a detailed explanation for this wavelike spread and retreat—not only of democracy but also of its twentieth-century rivals, fascism and communism. Seva Gunitsky argues that waves of regime change are driven by the aftermath of cataclysmic disruptions to the international system. These hegemonic shocks, marked by the sudden rise and fall of great powers, have been essential and often-neglected drivers of domestic transformations. Though rare and fleeting, they not only repeatedly alter the global hierarchy of powerful states but also create unique and powerful opportunities for sweeping national reforms—by triggering military impositions, swiftly changing the incentives of domestic actors, or transforming the basis of political legitimacy itself. As a result, the evolution of modern regimes cannot be fully understood without examining the consequences of clashes between great powers, which repeatedly—and often unsuccessfully—sought to cajole, inspire, and intimidate other states into joining their camps.