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A History of Big Recessions in the Long Twentieth Century

A History of Big Recessions in the Long Twentieth Century

$29.99 (P)

  • Author: Andrés Solimano, International Center for Globalization and Development
  • Publication planned for: March 2020
  • availability: Not yet published - available from March 2020
  • format: Paperback
  • isbn: 9781108719131

$ 29.99 (P)
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  • This book examines the array of financial crises, slumps, depressions and recessions that happened around the globe during the twentieth and early twenty-first centuries. It covers events including World War I, hyperinflation and market crashes in the 1920s, the Great Depression of the 1930s, stagflation of the 1970s, the Latin American debt crises of the 1980s, the post-socialist transitions in Central Eastern Europe and Russia in the 1990s, and the great financial crisis of 2008–09. In addition to providing wide geographic and historical coverage of episodes of crisis in North America, Europe, Latin America and Asia, the book clarifies basic concepts in the area of recession economics, analysis of high inflation, debt crises, political cycles and international political economy. An understanding of these concepts is needed to comprehend big recessions and slumps that often lead to both political change and the reassessment of prevailing economic paradigms.

    • Provides a broad cross-country perspective of a variety of regional, national and international crises that occurred throughout the twentieth century
    • Links economic and political factors underlying destabilizations and crisis situations
    • Stresses the importance of global shocks, the role of debt cycles, financial fragility, inequality and political economy as contributing factors to economic slumps
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    Product details

    • Publication planned for: March 2020
    • format: Paperback
    • isbn: 9781108719131
    • dimensions: 228 x 152 mm
    • contains: 60 b/w illus. 52 tables
    • availability: Not yet published - available from March 2020
  • Table of Contents

    1. Introduction
    2. Recessions and depressions: an overview of theories and empirics
    3. World War I, hyperinflation in the 1920s and World War II
    4. The Great Depression of the 1930s
    5. Stagflation in the 1970s, globalization and the financial crisis of 2008–09
    6. Two depressions in the early twenty-first century: the cases of Latvia and Greece
    7. Soviet-type of socialism and the post-socialist transition
    8. Economic crises in Latin America and East Asia
    9. Synthesis and interpretation.

  • Author

    Andrés Solimano, International Center for Globalization and Development
    Andrés Solimano is Founder and Chairman of the International Center for Globalization and Development (CIGLOB). His most recent books include Global Capitalism in Disarray: Inequality, Debt, and Austerity (2017); Pensiones a la Chilena (2017); Economic Elites, Crises, and Democracy (2014); and International Migration in the Age of Crisis and Globalization (Cambridge, 2010).

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