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Does the Current Global Crisis Remind us of the Great Depression?

In: The First Great Recession of the 21st Century

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  • Sunanda Sen

Abstract

The 2008–10 financial crisis and the global recession it created is a complex phenomenon that warrants detailed examination. The various essays in this book utilise several alternative paradigms to provide a plausible explanation and a credible cure. Great detail is given to this important analysis from different theoretical perspectives, presenting a clearer understanding of what went wrong and expounding misinterpretations of current theories and practices.

Suggested Citation

  • Sunanda Sen, 2011. "Does the Current Global Crisis Remind us of the Great Depression?," Chapters, in: Óscar Dejuán & Eladio Febrero & Maria Cristina Marcuzzo (ed.), The First Great Recession of the 21st Century, chapter 6, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14193_6
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    References listed on IDEAS

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    1. Bernanke, Ben S, 1983. "Nonmonetary Effects of the Financial Crisis in Propagation of the Great Depression," American Economic Review, American Economic Association, vol. 73(3), pages 257-276, June.
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