Book contents
- A History of Big Recessions in the Long Twentieth Century
- A History of Big Recessions in the Long Twentieth Century
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Boxes
- Acknowledgments
- 1 Introduction
- 2 Recession and Depression
- 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 2008–2009
- 6 Two Depressions in the Early Twenty-First Century
- 7 Soviet-Type Socialism and the Postsocialist Transition
- 8 Economic Crises in Latin America and East Asia
- 9 Synthesis and Interpretation
- Appendix
- References
- Index
9 - Synthesis and Interpretation
Published online by Cambridge University Press: 06 February 2020
Book contents
- A History of Big Recessions in the Long Twentieth Century
- A History of Big Recessions in the Long Twentieth Century
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Boxes
- Acknowledgments
- 1 Introduction
- 2 Recession and Depression
- 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 2008–2009
- 6 Two Depressions in the Early Twenty-First Century
- 7 Soviet-Type Socialism and the Postsocialist Transition
- 8 Economic Crises in Latin America and East Asia
- 9 Synthesis and Interpretation
- Appendix
- References
- Index
Summary
This chapter summarizes the main episodes of output contraction and crises across subsequent decades and relevant sub-periods in the long twentieth century. It interprets the main findings of the book and draws lessons for the design and implementation of policies that can be effective to anticipate and cope with macrocrises and main recessions.
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- A History of Big Recessions in the Long Twentieth Century , pp. 193 - 199Publisher: Cambridge University PressPrint publication year: 2020