Publisher's Synopsis
The world is facing a successive series of accelerated frequencies of Global Economic Crises (GECs) with amplified magnitude. Over the past two decades, these crises have hit the universe more often than in the six decades from the early twentieth century to the early 1970s.
My goal in writing this book is to contribute to the global community by creating an ideal economic structure capable of withstanding future economic crises.
This book analyzes the complete anatomy of all previous crises and related ramifications. I then decided to build a role model for defense against the contagious effect of those crises by creating a full-blown system of protection I called "Economic Immunity" (EI). This system gathers all the best-achieving countries in the crises, filtered from the most successfully fast-tracked growing economies in the universe, to try to understand how they managed to overcome those crises in the pre-, within, and post-crisis phases. This book also covers the economic status of each studied case, pre-economic reforms, the economic reforms concluded, and the impact of the GECs on those countries.
This study covers additional aspects like global economic linkage, ways to predict economic crises, financial contagion, and clear identification of the institutional roles (national and multilateral) within this EI system.