Crises and Uncertainty in the Economy

This insightful book analyzes how various crises have shaped economic systems. Crises and Uncertainty in the Economy provides a comprehensive exploration of their impacts.

In Crises and Uncertainty in the Economy, the author delves into the transformative effects of economic crises since the early 2000s. The subprime crisis marked a pivotal moment, prompting a shift from traditional economic frameworks to more unconventional approaches across both developed and emerging markets. This shift has been further complicated by the sovereign debt crisis, which has intensified economic uncertainty and created a turbulent environment for global markets. The book underscores how increased market integration has led to heightened contagion and risk spillovers, particularly in the wake of significant events like Brexit and the ongoing US-China trade tensions.

The narrative also addresses the unprecedented health crisis brought on by the recent pandemic, which has resulted in widespread lockdowns and a severe economic downturn. The author explores how these lockdowns have not only disrupted daily life but also triggered a financial collapse that reverberated through economies worldwide. By examining the origins and mechanisms of these crises, the book highlights their profound impact on various economic facets, including monetary policy, macroeconomic imbalances, and trade dynamics.

Ultimately, Crises and Uncertainty in the Economy aims to provide a comprehensive analysis of the current economic landscape shaped by crises and uncertainty. It features contributions from both academics and practitioners, showcasing high-quality original research presented at the Financial and Economic Meeting conference in 2021. This collection of insights offers valuable perspectives on the pressing issues facing economies today.