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A History of Big Recessions in the Long Twentieth Century

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  • Solimano,Andrés

Abstract

This book examines the array of financial crises, slumps, depressions and recessions that happened around the globe during the twentieth and early twenty-first centuries. It covers events including World War I, hyperinflation and market crashes in the 1920s, the Great Depression of the 1930s, stagflation of the 1970s, the Latin American debt crises of the 1980s, the post-socialist transitions in Central Eastern Europe and Russia in the 1990s, and the great financial crisis of 2008–9. In addition to providing wide geographic and historical coverage of episodes of crisis in North America, Europe, Latin America and Asia, the book clarifies basic concepts in the area of recession economics, analysis of high inflation, debt crises, political cycles and international political economy. An understanding of these concepts is needed to comprehend big recessions and slumps that often lead to both political change and the reassessment of prevailing economic paradigms.

Suggested Citation

  • Solimano,Andrés, 2020. "A History of Big Recessions in the Long Twentieth Century," Cambridge Books, Cambridge University Press, number 9781108485043.
  • Handle: RePEc:cup:cbooks:9781108485043
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    Cited by:

    1. Fletcher Baragar, 2023. "Books Received (as of March 2023)," Review of Radical Political Economics, Union for Radical Political Economics, vol. 55(1), pages 217-222, March.
    2. Valentina Ciriotto & José Noguera-Santaella, 2023. "The Catching up in Steady State per Capita Income: Latin America and the Caribbean," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 51(1), pages 71-82, March.
    3. N/A, 2024. "Books Received (as of March 2024)," Review of Radical Political Economics, Union for Radical Political Economics, vol. 56(1), pages 162-166, March.
    4. Tanzi, Vito, 2021. "Economic Theory Versus Economic Reality: Dealing with Pandemics and Other Global Public Goods and Bads," Working Papers 21/360, National Institute of Public Finance and Policy.
    5. N/A, 2022. "Books Received (as of March 2022)," Review of Radical Political Economics, Union for Radical Political Economics, vol. 54(1), pages 136-141, March.
    6. N/A, 2021. "RRPE Books Received: Spring 2021," Review of Radical Political Economics, Union for Radical Political Economics, vol. 53(1), pages 223-227, March.
    7. Andrés Solimano & Gabriela Zapata-Román, 2019. "Structural transformations and the lack of inclusive growth: The case of Chile," WIDER Working Paper Series wp-2019-118, World Institute for Development Economic Research (UNU-WIDER).

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