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The System Worked: How the World Stopped Another Great Depression
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Bibliographic Detail
Publisher Audible Studios on Brilliance audio
Publication date August 30, 2016
Binding CD/Spoken Word
Edition Mp3 una
Book category Adult Non-Fiction
ISBN-13 9781531820657
ISBN-10 1531820654
Original list price $9.99
Other format details audio
Summaries and Reviews
Amazon.com description: Product Description: International institutions, from the International Monetary Fund to the International Olympic Committee, are perceived as bastions of sclerotic mediocrity at best and outright corruption at worst, and this perception is generally not far off the mark. In the wake of the 2008 financial crash, Daniel W. Drezner, like so many others, looked at the smoking ruins of the global economy and wondered why global economic governance structure had failed so spectacularly, and what could be done to reform them in the future. But then a funny thing happened. As he surveyed their actions in the wake of the crash, he realized that the evidence pointed to the exact opposite conclusion: global economic governance had succeeded.
In The System Worked , Drezner, a renowned political scientist and international relations expert, contends that despite the massive scale and reverberations of this latest crisis (larger, arguably, than those that precipitated the Great Depression), the global economy has bounced back remarkably well. Examining the major resuscitation efforts by the G-20, IMF, WTO, and other institutions, he shows that, thanks to the efforts of central bankers and other policymakers, the international response was sufficiently coordinated to prevent the crisis from becoming a full-fledged depression. Yet the narrative about the failure of multilateral economic institutions persists, both because the Great Recession affected powerful nations whose governments managed their own economies poorly, and because the most influential policy analysts who write the books and articles on the crisis hail from those nations. The System Worked is a vital contribution to our understanding of an area where the stakes could not be higher.
The accompanying reference guide is included as a PDF on this disc.

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CD/Spoken Word
Book cover for 9781531820657
 
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With Daniel W. Drezner | Mp3 una edition from Audible Studios on Brilliance audio (August 30, 2016)
9781531820657 | details & prices | List price $9.99
About: International institutions, from the International Monetary Fund to the International Olympic Committee, are perceived as bastions of sclerotic mediocrity at best and outright corruption at worst, and this perception is generally not far off the mark.

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