What global economic crisis?

Economics has become an excessively esoteric discipline. Opportunities to bridge the gap between theorizing and policymaking are becoming increasingly limited. One issue of great importance to modern policymakers is the relationship between globalization and economic crisis. With unprecedented trends towards globalization (in part propelled by developments in information technology), the repercussions of economic crisis are more profound than ever before, particularly for developing countries. What Global Economic Crisis? bridges the gap between theory and policy by examining the destabilising effects of financial crises on economic growth, stability and development. It also presents some innovative ideas intended to inform the design of institutions able to foster more effective international policy coordination.
Contents:
Foreword: G.C.Harcourt
Notes on the Contributors
Introduction: P.Arestis, M.Baddeley & J.McCombie
If Markets are Efficient, What Have There Been So Many International Crises Since the 1970s?; P.Davidson
Reforming the International Financial Architecture: An Asian Perspective; M.G.Quibria & J.A.Quitazol
An Agenda for a New Bretton Woods; J.Grieve Smith
Will the Euro Bring Economic Crisis to Europe?; P.Arestis & M.Sawyer
Globalization, the Distribution of Power, and Full Employment; J. Cornwall & W.Cornwall
Competition Policy, Development, and Developing Countries; A.Singh & R.Dhumale
A Brazilian-style Ponzi: How to Create a Financial Crisis by Trying to Avoid One; G.Palma
Technology and Growth: Between Regionalism and Globalisation; P.Petit
The Keynesian Micro-Foundations of the Business Cycle: Some Implications of Globalisation; P.Ormerod
An Historical Perspective on Speculative Bubbles and Financial Crises: Tulipmania and the South Sea Bubble; M.Baddeley & J.McCombie
John Cornwall: An Appreciation; M.Setterfield
Index
Author Biographies:
PHILIP ARESTIS is Professor of Economics at South Bank University, London and Senior Research Fellow at the Levy Institute, New York City. His publications include Introducing Macroeconomic Modelling: An Econometric Study of the United Kingdom and Money, Pricing Distribution and Economic Integration. He has been editor and joint editor, and has served on the editorial board, of a number of journals.
MICHELLE BADDELEY is a Fellow and the Director of Studies in Economics at Gonville and Caius College, Cambridge. She has published articles in Applied Economics, European Urban and Regional Studies and the Journal of Regional Science.
JOHN MCCOMBIE is Fellow and Director of Studies in Economics at Downing College, Cambridge. He is co-author (with A.P. Thirlwall) of Economics Growth and the Balance-of-Payments Constraint and has published articles in Economic Journal, Journal of Post Keynesian Economics, Oxford Economic Paper, the Manchester School and Urban Studies and has contributed to a number of books.
Printing of the book is limited to 10 pages per day.

Keywords: economics, economic studies, economic policies, economic crisis, globalization, internationalization