A Crise Financeira Global por Peter Temin e David Vines

Novo livro de Peter Temin & David Vines The Leaderless Economy: Why the World Economic System Fell Apart and How to Fix It. We argue further in the following pages that the modern world economy falls apart occasionally from lack of international leadership. A hegemonic country has the power to help countries cooperate with one another for the maintenance and, when needed, the restoration of prosperity. When no country can or will act as hegemon, a world crisis erupts. Th e Great Depression was the result of Great Britain’s loss of hegemonic power and the failure of the United States to pick up the mantle. Th e weakness of the recovery from the Global Financial Crisis, of 2008, and the future risks to this recovery, is the result of the United States’ diminished infl uence and the lack of a successor on the world stage