Description:
Why has the Eurozone ended up with an unemployment rate more than twice that of the United States more than six years after the collapse of Lehman Brothers? Why did the vast majority of low- and middle-income countries suffer a prolonged economic slowdown in the last two decades of the 20th century? What was the role of the International Monetary Fund in these economic failures? Why was Latin America able to achieve substantial poverty reduction in the 21st century after more than two decades without any progress?Failed analyzes these questions, explaining why these important economic developments of recent years have been widely misunderstood and in some cases almost completely ignored. First, in the Eurozone, Mark Weisbrot argues that the European authorities’ political agenda, which included shrinking the welfare state, reducing health care, pension, and other social spending, and reducing the bargaining power of labor played a very important role in prolonging the Eurozone’s financial crisis and pushing it into years of recession and mass unemployment. This conclusion is based not only on public statements of European officials, but also on thousands of pages of documentation from consultations between the IMF and European governments after 2008.The second central theme of Failed is that there are always practical alternatives to prolonged economic failure. Drawing on the history of other financial crises, recessions, and recoveries, Weisbrot argues that regardless of initial conditions, there have been and remain economically feasible choices for governments of the Eurozone to greatly reduce unemployment-including the hardest hit, crisis-ridden country of Greece.The long-term economic failure of developing countries, its social consequences, as well as the subsequent recovery in the first decade of the 21st century, constitute the third part of the book’s narrative, one that has previously gotten too little attention. We see why the International Monetary Fund has lost influence in middle income countries. Failed also examines the economic causes and consequences of Latin America’s and “second independence and ” and rebound in the twenty-first century, as well as the challenges that lie ahead.
ebook img

Failed: What the and quot;Experts and quot; Got Wrong about the Global Economy PDF

313 Pages·2015·13 MB·English
by  Mark Weisbrot
#Politics #Economics #Nonfiction
Save to my drive
Quick download
Download

Download Failed: What the and quot;Experts and quot; Got Wrong about the Global Economy PDF Free - Full Version

by Mark Weisbrot| 2015| 313 pages| 13| English

Download Failed: What the and quot;Experts and quot; Got Wrong about the Global Economy by Mark Weisbrot in PDF format completely FREE. No registration required, no payment needed. Get instant access to this valuable resource on PDFdrive.to!

Free Download PDF

About Failed: What the and quot;Experts and quot; Got Wrong about the Global Economy

Why has the Eurozone ended up with an unemployment rate more than twice that of the United States more than six years after the collapse of Lehman Brothers? Why did the vast majority of low- and middle-income countries suffer a prolonged economic slowdown in the last two decades of the 20th century? What was the role of the International Monetary Fund in these economic failures? Why was Latin America able to achieve substantial poverty reduction in the 21st century after more than two decades without any progress?Failed analyzes these questions, explaining why these important economic developments of recent years have been widely misunderstood and in some cases almost completely ignored. First, in the Eurozone, Mark Weisbrot argues that the European authorities’ political agenda, which included shrinking the welfare state, reducing health care, pension, and other social spending, and reducing the bargaining power of labor played a very important role in prolonging the Eurozone’s financial crisis and pushing it into years of recession and mass unemployment. This conclusion is based not only on public statements of European officials, but also on thousands of pages of documentation from consultations between the IMF and European governments after 2008.The second central theme of Failed is that there are always practical alternatives to prolonged economic failure. Drawing on the history of other financial crises, recessions, and recoveries, Weisbrot argues that regardless of initial conditions, there have been and remain economically feasible choices for governments of the Eurozone to greatly reduce unemployment-including the hardest hit, crisis-ridden country of Greece.The long-term economic failure of developing countries, its social consequences, as well as the subsequent recovery in the first decade of the 21st century, constitute the third part of the book’s narrative, one that has previously gotten too little attention. We see why the International Monetary Fund has lost influence in middle income countries. Failed also examines the economic causes and consequences of Latin America’s and “second independence and ” and rebound in the twenty-first century, as well as the challenges that lie ahead.

Detailed Information

Author:Mark Weisbrot
Publication Year:2015
ISBN:9780190234515
Pages:313
Language:English
File Size:13
Format:PDF
Price:FREE
Download Free PDF

Safe & Secure Download - No registration required

Why Choose PDFdrive for Your Free Failed: What the and quot;Experts and quot; Got Wrong about the Global Economy Download?

  • 100% Free: No hidden fees or subscriptions required for one book every day.
  • No Registration: Immediate access is available without creating accounts for one book every day.
  • Safe and Secure: Clean downloads without malware or viruses
  • Multiple Formats: PDF, MOBI, Mpub,... optimized for all devices
  • Educational Resource: Supporting knowledge sharing and learning

Free Books Similar to Failed: What the and quot;Experts and quot; Got Wrong about the Global Economy

Frequently Asked Questions

Is it really free to download Failed: What the and quot;Experts and quot; Got Wrong about the Global Economy PDF?

Yes, on https://PDFdrive.to you can download Failed: What the and quot;Experts and quot; Got Wrong about the Global Economy by Mark Weisbrot completely free. We don't require any payment, subscription, or registration to access this PDF file. For 3 books every day.

How can I read Failed: What the and quot;Experts and quot; Got Wrong about the Global Economy on my mobile device?

After downloading Failed: What the and quot;Experts and quot; Got Wrong about the Global Economy PDF, you can open it with any PDF reader app on your phone or tablet. We recommend using Adobe Acrobat Reader, Apple Books, or Google Play Books for the best reading experience.

Is this the full version of Failed: What the and quot;Experts and quot; Got Wrong about the Global Economy?

Yes, this is the complete PDF version of Failed: What the and quot;Experts and quot; Got Wrong about the Global Economy by Mark Weisbrot. You will be able to read the entire content as in the printed version without missing any pages.

Is it legal to download Failed: What the and quot;Experts and quot; Got Wrong about the Global Economy PDF for free?

https://PDFdrive.to provides links to free educational resources available online. We do not store any files on our servers. Please be aware of copyright laws in your country before downloading.

The materials shared are intended for research, educational, and personal use in accordance with fair use principles.

We use cookies

We use cookies to ensure you get the best browsing experience on our website. By clicking "Accept Cookies", you agree that we can store cookies on your device in accordance with our Terms and Privacy.