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list price: $14.95
edition:Paperback
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published: Jan 1984
ISBN:9780888626257
imprint: Lorimer

The World Economy in Crisis

Unemployment, Inflation and International Debt

by Lorie Tarshis

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economic history, economic development
0 of 5
0 ratings
rated!
rated!
list price: $14.95
edition:Paperback
also available: Hardcover
published: Jan 1984
ISBN:9780888626257
imprint: Lorimer
Description

Lorie Tarshis held that much of the economic suffering in the 1970s was not necessary, that the crisis could have been easily eased had it not been for governments' faulty diagnoses and poorly-designed prescriptions.

Faced with increasingly serious energy shortages, economic slowdowns, rising unemployment and skyrocketing Third World debt, Western governments responded with inflation-fighting policies left over from the Second World War that served only to exaccerbate the situation. In this book Tarshis recommended an overall strategy to confront these problems without resorting to the stopgaps then in vogue with government decision makers.

World Economy in Crisis offers an acute diagnosis of the pervasive malaise facing the world economy in the 1970s, and a critical perspective on contemporary official responses to it.

About the Author

Lorie Tarshis

LORIE TARSHIS, 1911-1993, was an economics scholar who taught at Stanford University and the University of Toronto, and a former research director of the Ontario Economic Council.
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