Michael J.Oliver – Economic Disasters of the 20th Century
Michael J.Oliver – Economic Disasters of the 20th Century
Michael J.Oliver – Economic Disasters of the 20th Century
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MICHAEL J.OLIVER – ECONOMIC DISASTERS OF THE 20TH CENTURY
What is an economic disaster? It is a difficult question. The twentieth century seems to have been more prone to disasters than the previous one. Nine disasters with international or global implications are examined by a number of leading economists and economic historians. The First and Second World Wars, the great depression, oil shocks, inflation shocks, financial crises, stock market crashes, the collapse of the Soviet command economy and Third World disasters are discussed in this comprehensive book. Disasters are subject to in-depth assessment, carefully considering their costs and impact on specific countries and regions, as well as assessing them in a global context. The book asks if economic disasters are avoidable or if policymakers can learn from their mistakes. The book will appeal to a wide variety of social scientists, including those working in economic history, international relations, international political economy and geopolitics.
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‘Here is a book to warm the cockles of George Santayana’s heart. Can policy makers and, especially, economists learn from their mistakes? If they can, then they should start by reading Oliver and Aldcroft’s gripping collection of the great economic policy mistakes of the twentieth century.’- –Barry Eichengreen, University of California, Berkeley, US
Edited by Michael J. Oliver, Professor of Economics, ESC Rennes School of Business, France and Associate of Lombard Street Research and Derek H. Aldcroft, Fellow, University of Leicester, UK
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