From great depression to great recession : the elusive quest for international policy cooperation /

The global financial crisis and the ensuing Great Recession raised concerns about adjustment fatigue, deflation, currency wars, and secular stagnation that presented a sense of deja vu: similar concerns had arisen at the time of the Great Depression and at the end of World War II. As with earlier cr...

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Bibliographic Details
Other Authors: Ghosh, Atish R., (Editor), Qureshi, Mahvash Saeed, (Editor)
Format: eBook
Language:English
Published: Washington, DC : International Monetary Fund, [2017]
Subjects:
Online Access:Click to View
Table of Contents:
  • Foreword
  • Preface
  • Abbreviations
  • Contributors
  • 1. From great depression to great recession: an overview / Atish R. Ghosh, Mahvash S. Qureshi
  • Part I. Prespectives from the past: secular stagnation and asymmetric burden of adjustment
  • 2. Learning lessons from previous crises: the capital account and the current account / Harold James
  • 3. Debastes about economic adjustment in Europe before the Euro / Emmanuel Mourlon-Druol
  • 4. Coordination failures during and after Bretton Woods / Catherine R. Schenk
  • 5. Capital flows and intenational order: trilemmas and trde-offs from macroeconomics to political economy and international relations / Michael D. Bordo and Harold James
  • Part II. Internationa monetary negoriations and the international monetary system
  • 6. Forgotten foundations of Bretton Woods / Eric Helleiner
  • Hurling BRICS at the international monetary system / Benn Steil
  • 8. The IMF is
  • or was?
  • the keystone of the international financial system / James M. Boughton
  • Part III. Currency wars and secular stagnation
  • the new normal?
  • 9. Reform of the international monetary system: a modest proposal / Richard N. Cooper
  • 10. Global bond market spillovers from monetary policy and reserve management / Rober N. McCauley
  • 11. International liquidity and overnance / Edwin M. Truman
  • Part IV. Prospects for the future: toward a more cooperative system
  • 12. Three myths about international policy coordination / Atish R. Ghosh
  • 13. Moving toward a more cooperative international monetarysystem / Maurice Obstfeld
  • 14. Reforming the global reserve system / Jose Antonio Ocampo
  • 15. Macroeconomic policy: what and how to coordinate internationally / Alexander K. Swoboda
  • 16. Toward a more cooperative international monetary system: some remarks / Paul A. Volcker
  • 17. Toward a more stable international monetary system: key takeaways / Atish R. Ghosh and Mahvash S. Quresh
  • Index.