The response in 2008-09 to the global financial crisis was in many ways a high water mark for transatlantic policy coordination. The major economies of the EU and the US rapidly agreed on a series of measures to limit the crisis. However, the common approach has since unraveled. This paper...

"Analyzes different dimensions of past financial and economic crises from the perspective of Asian countries. It examines a number of diverse crisis-relevant themes, ranging from sovereign debt to central bank responses to financial safety nets. Drawing on concrete and specific lessons from past...

Cover -- Table of Contents -- Preface -- Chapter 1 Introduction -- The United States and Europe Can Learn from Japan's "Lost Decades" -- Central Bank Actions in Advanced Economies during the Global Financial Crisis Had Net Positive Impact -- Asian Countries Fared Better during the Global...