What Global Economic Crisis?

Philip Arestis publications include "Introducing Macroeconomic Modelling: An Econometric Study of the United Kingdom" and "Money, Pricing Distribution and Economic Integration". John McCombie is co-author (with A.P. Thirlwall) of "Economics Growth and the Balance-of-Payments Constraint".

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.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.