Wirtschaftskrisen, -einbrüche und -schocks können verheerend sein, doch langfristig wirkten sie offenbar oft transformativ. Harold James zeigt auf, inwiefern die großen Krisen ab Mitte des 19. Jahrhunderts – von der Hungerkrise in Irland über die großen Weltwirtschaftskrisen bis zu den...

This paper explains the problem of adjustment to the challenges of globalization in terms of the logic underpinning four distinct policy constraints or trilemmas, and their interrelationship, and in particular the disturbances that arise from capital flows. The analysis of a policy trilemma was...

This paper explains the problem of adjustment to the challenges of globalization in terms of the logic underpinning four distinct policy constraints or trilemmas, and their interrelationship, and in particular the disturbances that arise from capital flows. The analysis of a policy trilemma was...