Financial Crises

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Exploring the vulnerabilities of the global economy, the book delves into the increasing risk of financial contagion due to open markets. Barry Eichengreen analyzes recent crises and critiques the current international financial framework, offering insights on improving crisis management and prevention. He highlights how attempts to bolster the financial system may inadvertently complicate matters for poorer nations, emphasizing the need for a more equitable approach to financial stability.