Peicuti, Cristina
Decoding Economic Crises
- ISBN 13:
- 9781800615106
- author:
- Peicuti, Cristina
- format:
- Hardback
- publisher:
- World Scientific Europe Ltd
- language:
- English
- Publication Year:
- 2023
- Pages:
- 148
- Dimensions:
- 22.9 x 15.2 x 1 centimetres (0.3
- Genre:
- Business, Economics, General,
- Condition:
- New
- Availability:
- Item usually sent within 4 working days
Description
Understanding economic crises requires a detailed analysis of what they are and how to learn from them. This book provides a historical context for understanding economic theory's perspective on crises, which often return in cycles. It then examines lessons that can be learned from these cycles. The book looks at the world economy since 1945, when it has been dominated by the United States, and considers public policy responses to recent crises, including those in 1975, 1992, 2009, and 2020. The authors also explore how environmental change might impact future crises, drawing on theories such as the 'nutritional trap' proposed by Nobel Prize winner Angus Deaton. The book asks whether American leadership has emerged unscathed from past damage and if devastating crises could ensue in the future, returning to times of extreme scarcity seen prior to the mid-18th century.