Noted pundit, Simon Johnson--a daily face in the mainstream media--and coauthor Arvind Subramanian ask and answer the questions readers want to know: what happened, what are the likely policy responses, and how will the future international architecture and global world order shake out in light of the crisis. The authors propose what regulation federal and international bodies should impose upon international and domestic finance, and reevaluate the role of the international financial institutions that provide financial and technical assistance, particularly in times of crisis, such as the International Monetary Fund and the World Bank. This book forecasts emerging countries' responses to the crisis based on their ability to rebound, and predicts countries' future preventive policy steps to avoid slipping into a crisis once again. In tandem, the authors turn to the question of global order in the crisis' aftermath; much will depend on which countries emerge better off.
- ISBN10 0881325090
- ISBN13 9780881325096
- Publish Date 15 May 2011
- Publish Status Unknown
- Publish Country US
- Publisher The Peterson Institute for International Economics
- Imprint Institute for International Economics,U.S.
- Format Paperback
- Pages 200
- Language English