Economic Disasters Of The Twentieth Century

Author : Michael J. Oliver,Derek Howard Aldcroft
Publisher : Edward Elgar Publishing
Page : 382 pages
File Size : 42,7 Mb
Release : 2007-01-01
Category : History
ISBN : 1847205496

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Economic Disasters of the Twentieth Century by Michael J. Oliver,Derek Howard Aldcroft Pdf

The First and Second World Wars, the great depression, oil shocks, inflation, financial crises, stock market crashes, the collapse of the Soviet command economy and Third World disasters are discussed in this comprehensive book. The contributors subject these disasters to in-depth assessment, carefully considering their costs and impact on specific countries and regions, as well as assessing them in a global context. The book examines the legacy of economic disasters and asks whether economic disasters are avoidable or whether policymakers can learn from their mistakes.

Author : John Singleton
Publisher : Edward Elgar Publishing
Page : 256 pages
File Size : 46,6 Mb
Release : 2016-03-25
Category : Business & Economics
ISBN : 9781782547358

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Economic and Natural Disasters since 1900 by John Singleton Pdf

A crisis is a period of uncertainty that may or may not lead to disaster, depending in part on the capacity of actors to make sense of what is happening and respond effectively. Disasters in different spheres occur and recur at different speeds and in idiosyncratic ways, but in essence they follow the same pattern. In the wake of the Global Financial Crisis and Eurozone upheavals this timely book argues that the disaster cycle – a framework normally used in the context of natural disasters – is equally applicable to the analysis of other types of catastrophe. Employing a modified version of the disaster cycle framework to compare and analyse a range of catastrophes in different spheres, the author draws on ideas from a variety of disciplines including economics and economic history, disaster studies, management, and political science. This unique comparative approach presents case studies of several important disasters: Hurricane Katrina, the First World War, the depression of the early 1930s, Welsh coal mining accidents, the deadly effects of smoking tobacco, and the Global Financial Crisis and Eurozone catastrophe of the early twenty first century. The author argues that economists and economic policy makers routinely misuse the term crisis to describe episodes that ought to be called disasters. This accessible and fascinating exploration will appeal to students and scholars in economic history, disaster studies, management, public policy, and related disciplines. The comparison of crisis and disaster management is also essential reading for policy makers.

Author : Alexander Nützenadel,Cornelius Torp
Publisher : Routledge
Page : 200 pages
File Size : 55,6 Mb
Release : 2016-04-08
Category : Business & Economics
ISBN : 9781134928644

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Economic Crises and Global Politics in the 20th Century by Alexander Nützenadel,Cornelius Torp Pdf

This book analyses the history of economic crises from the angle of international politics and its transformation throughout the 20th century. While political and economic debates in the wake of the present financial crisis are revolving around the question of how to create effective forms of global governance, historians have discovered a long tradition of international economic regulation that can be traced back to the late 19th century. In the global economy, sovereign defaults, banking crises and currency crashes have been recurrent phenomena. At the same time, alongside the growing globalization of commodity and capital markets, nation-states have introduced new forms of regulation both on the national and international level. The experience of economic crises has been an important driver behind numerous initiatives to foster global politics. The purpose of the book is to reconnect economic history with the perspectives of political economy and the history of international relations. It forms a dialogue between the disciplines that have been increasingly separated throughout the past decades. With first-rate economic historians and political economists writing for a wider audience, it simultaneously makes public debates and methods of recent cutting-edge research in economic history within a wider academic community. This book was originally published as a special issue of the European Review of History.

Author : Christopher Kobrak,Mira Wilkins
Publisher : Routledge
Page : 155 pages
File Size : 44,6 Mb
Release : 2014-06-11
Category : Business & Economics
ISBN : 9781317981640

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History and Financial Crisis by Christopher Kobrak,Mira Wilkins Pdf

One striking weaknesses of our financial architecture, which helped bring on and perhaps deepen the Panic of 2008, is an inadequate appreciation of the past. Information about how the system functioned and the reliability of organizations and institutional controls were drawn from a relatively narrow group of recent examples. History and Financial Crisis: Lessons from the 20th Century is an attempt to broaden the range of historical sources used by policy makers to understand and treat financial crises. Many recent discussions of the 2008 panic and the economic turmoil have found the situation to either be unprecedented or greatly similar to that of 1931. However, the book's wide range of contributors suggest that the economic crisis of 2008 cannot be categorised in this way. This book was originally published as a special issue of Business History.

Author : Ivan T. Berend
Publisher : Cambridge University Press
Page : 371 pages
File Size : 42,9 Mb
Release : 2016-09-22
Category : Business & Economics
ISBN : 9781316546284

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An Economic History of Twentieth-Century Europe by Ivan T. Berend Pdf

This new edition of Ivan T. Berend's leading overview of economic regimes and economic performance from the start of the twentieth century to the present is fully updated to incorporate recent events, including the causes and impacts of the 2008 financial-economic crisis. Praised for its clear prose and uncluttered analytical style as well as its use of illustrative case studies, this is an integrated, comparative account of European economic development from the evolution of capitalism to the fascist and communist regimes and their collapse, and Europe's current economic problems. The book examines both successes and failures in responding to the challenges of this crisis-ridden but highly-successful age. It introduces the main factors behind economic growth and the various economic regimes that were invented and trialled. It also shows how the vast disparity which had existed between the European regions started gradually decreasing as a result of increased integration.

Author : Robert F. Bruner,Sean D. Carr
Publisher : John Wiley & Sons
Page : 296 pages
File Size : 54,6 Mb
Release : 2009-04-27
Category : Business & Economics
ISBN : 9780470452585

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The Panic of 1907 by Robert F. Bruner,Sean D. Carr Pdf

"Before reading The Panic of 1907, the year 1907 seemed like a long time ago and a different world. The authors, however, bring this story alive in a fast-moving book, and the reader sees how events of that time are very relevant for today's financial world. In spite of all of our advances, including a stronger monetary system and modern tools for managing risk, Bruner and Carr help us understand that we are not immune to a future crisis." —Dwight B. Crane, Baker Foundation Professor, Harvard Business School "Bruner and Carr provide a thorough, masterly, and highly readable account of the 1907 crisis and its management by the great private banker J. P. Morgan. Congress heeded the lessons of 1907, launching the Federal Reserve System in 1913 to prevent banking panics and foster financial stability. We still have financial problems. But because of 1907 and Morgan, a century later we have a respected central bank as well as greater confidence in our money and our banks than our great-grandparents had in theirs." —Richard Sylla, Henry Kaufman Professor of the History of Financial Institutions and Markets, and Professor of Economics, Stern School of Business, New York University "A fascinating portrayal of the events and personalities of the crisis and panic of 1907. Lessons learned and parallels to the present have great relevance. Crises and panics are as much a part of our future as our past." —John Strangfeld, Vice Chairman, Prudential Financial "Who would have thought that a hundred years after the Panic of 1907 so much remained to be written about it? Bruner and Carr break significant new ground because they are willing to do the heavy lifting of combing through massive archival material to identify and weave together important facts. Their book will be of interest not only to banking theorists and financial historians, but also to business school and economics students, for its rare ability to teach so clearly why and how a panic unfolds." —Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia University, Graduate School of Business

Author : Alice Teichova
Publisher : Routledge
Page : 174 pages
File Size : 50,5 Mb
Release : 2020-10-12
Category : History
ISBN : 9780429867446

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Central Europe in the Twentieth Century by Alice Teichova Pdf

First published in 1997, this book has been produced by the leading scholars of the economic history of the region in the belief that the events of 1989/90, and the subsequent turmoil in every country affected, can only be accurately interpreted from an informed historical perspective. The chapters are accessible and authoritative; each is from a first-rank and highly experienced economic historian of the nation under discussion. The necessarily differing treatments of the social, economic and national problems correct the widespread misapprehension that the countries of the region are essentially alike.

Author : John Kenneth Galbraith
Publisher : Penguin
Page : 128 pages
File Size : 55,7 Mb
Release : 1994-07-01
Category : Business & Economics
ISBN : 9781101650806

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A Short History of Financial Euphoria by John Kenneth Galbraith Pdf

The world-renowned economist offers "dourly irreverent analyses of financial debacle from the tulip craze of the seventeenth century to the recent plague of junk bonds." —The Atlantic. With incomparable wisdom, skill, and wit, world-renowned economist John Kenneth Galbraith traces the history of the major speculative episodes in our economy over the last three centuries. Exposing the ways in which normally sane people display reckless behavior in pursuit of profit, Galbraith asserts that our "notoriously short" financial memory is what creates the conditions for market collapse. By recognizing these signs and understanding what causes them we can guard against future recessions and have a better hold on our country's (and our own) financial destiny.

Author : Timothy Jerome Kehoe,Edward C. Prescott
Publisher : Unknown
Page : 500 pages
File Size : 47,6 Mb
Release : 2007
Category : Business & Economics
ISBN : STANFORD:36105124218640

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Great Depressions of the Twentieth Century by Timothy Jerome Kehoe,Edward C. Prescott Pdf

The worldwide Great Depression of the 1930s was a watershed for both economic thought and economic policymaking. It led to the belief that market economies are inherently unstable and to the revolutionary work of John Maynard Keynes. Its impact on popular economic wisdom is still apparent today. Great Depressions of the Twentieth Century, which uses a common framework to study sixteen depressions from the interwar period in Europe and America, as well as from more recent times in Japan and Latin America, challenges the Keynesian theory of depressions. It develops and uses a methodology for studying depressions that relies on growth accounting and the general equilibrium growth model. Different chapters in this book analyze the depressions in Canada, France, Germany, Italy, the United Kingdom, and the United States in the 1930s, the depressions in Argentina, Brazil, Chile, and Mexico in the 1980s, and recent depressions in Argentina, Finland, Japan, New Zealand, and Switzerland. Besides the editors themselves, the contributors are Pedro Amaral, Paul Beaudry, Raphael Bergoeing, Mirta Bugarin, Harold Cole, Juan Carlos Conesa, Mario Crucini, Roberto Ellery, Victor Gomes, Jonas Fisher, Fumio Hayashi, Andreas Hornstein, James Kahn, Patrick Kehoe, Finn Kydland, James MacGee, Lee Ohanian, Fabrizio Perri, Franck Portier, Vincenzo Quadrini, Kim Ruhl, Raimundo Soto, Arilton Teixeira, and Carlos Zarazaga.

Author : Mark Blyth
Publisher : Cambridge University Press
Page : 300 pages
File Size : 40,8 Mb
Release : 2002-09-16
Category : Business & Economics
ISBN : 0521010527

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Great Transformations by Mark Blyth Pdf

This book picks up where Karl Polanyi's study of economic and political change left off. Building upon Polanyi's conception of the double movement, Blyth analyzes the two periods of deep seated institutional change that characterized the twentieth century: the 1930s and the 1970s. Blyth views both sets of changes as part of the same dynamic. In the 1930s labor reacted against the exigencies of the market and demanded state action to mitigate the market's effects by 'embedding liberalism.' In the 1970s, those who benefited least from such 'embedding' institutions, namely business, reacted against these constraints and sought to overturn that institutional order. Blyth demonstrates the critical role economic ideas played in making institutional change possible. Great Transformations rethinks the relationship between uncertainty, ideas, and interests, achieving profound new insights on how, and under what conditions, institutional change takes place.

Author : Michael D. Bordo,Athanasios Orphanides
Publisher : University of Chicago Press
Page : 545 pages
File Size : 50,8 Mb
Release : 2013-06-28
Category : Business & Economics
ISBN : 9780226066950

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The Great Inflation by Michael D. Bordo,Athanasios Orphanides Pdf

Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

Author : Stanley L. Engerman,Robert E. Gallman
Publisher : Cambridge University Press
Page : 1046 pages
File Size : 53,5 Mb
Release : 1996
Category : Business & Economics
ISBN : 0521553075

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The Cambridge Economic History of the United States by Stanley L. Engerman,Robert E. Gallman Pdf

This three volume work offers a comprehensive survey of the history of economic activity and economic change in the United States, and in those regions whose economies have at certain times been closely allied to that of the US.

Author : Andrew Freris
Publisher : Routledge
Page : 226 pages
File Size : 49,9 Mb
Release : 1986
Category : Greece
ISBN : 070991038X

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The Greek Economy in the Twentieth Century by Andrew Freris Pdf

Author : Jeffry A. Frieden
Publisher : W. W. Norton & Company
Page : 807 pages
File Size : 43,9 Mb
Release : 2020-07-21
Category : Business & Economics
ISBN : 9781324004202

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Global Capitalism by Jeffry A. Frieden Pdf

"One of the most comprehensive histories of modern capitalism yet written." —Michael Hirsh, New York Times An authoritative, insightful, and highly readable history of the twentieth-century global economy, updated with a new chapter on the early decades of the new century. Global Capitalism guides the reader from the globalization of the early twentieth century and its swift collapse in the crises of 1914–45, to the return to global integration at the end of the century, and the subsequent retreat in the wake of the financial crisis of 2008.

Author : Elmus Wicker
Publisher : Cambridge University Press
Page : 180 pages
File Size : 45,6 Mb
Release : 2006-03-30
Category : Business & Economics
ISBN : 0521025478

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Banking Panics of the Gilded Age by Elmus Wicker Pdf

This is the first major study of post-Civil War banking panics in almost a century. The author has constructed for the first time estimates of bank closures and their incidence in each of the five separate banking disturbances. The author also reevaluates the role of the New York Clearing House in forestalling several panics and explains why it failed to do so in 1893 and 1907, concluding that structural defects of the National Banking Act were not the primary cause of the panics.