Summaries of books by Barry Eichengreen:
Hall of Mirrors
The Great Depression, the Great Recession, and the Uses-and Misuses-of History
Barry Eichengreen
The book compares the Great Depression of the 1930s with the Great Recession of 2008, analyzing the economic, political, and policy parallels and differences between the two crises. It explores how historical lessons were used or misapplied in the response to the Great Recession, and the impact of these decisions on economic recovery and future policy-making.
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Exorbitant Privilege
The Rise and Fall of the Dollar and the Future of the International Monetary System
Barry Eichengreen
The book analyzes the historical dominance of the US dollar as the world's primary reserve currency and explores the economic and political reasons for its preeminence. It also discusses potential challenges to the dollar's status and the implications for global financial stability, considering scenarios that could lead to the rise of alternative currencies.
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Financial Crises and What to Do About Them
Barry Eichengreen
The book analyzes the international monetary system and the frequent crises that have occurred, examining their causes and consequences. It also proposes reforms for the prevention and management of future financial crises, emphasizing the role of international financial institutions and the challenges of policy coordination.
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