Effectiveness of Thailand´s Macroeconomic Policy Response to the Global Financial Crisis

2010 ◽  
Vol 27 (1) ◽  
pp. 121-135 ◽  
Author(s):  
Bhanupong Nidhiprabha
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Macroeconomic Policy ◽  
Policy Response ◽  
The Global Financial Crisis

scholarly journals Economic History and Economic Policy

2012 ◽  
Vol 72 (2) ◽  
pp. 289-307 ◽  
Author(s):  
BARRY EICHENGREEN
Keyword(s):  
Economic Policy ◽  
Financial Crisis ◽  
Economic History ◽  
Policy Making ◽  
Global Financial Crisis ◽  
Policy Response ◽  
Science And Literature ◽  
The Great Depression ◽  
Historical Analogy ◽  
The Global Financial Crisis

“The lessons of history” were widely invoked in 2008/09 as analysts and policymakers sought to make sense of the global financial crisis. Specifically, analogies with the early stages of the Great Depression of the 1930s were widely drawn. Building on work in cognitive science and literature on foreign policy making, this article seeks to account for the influence of this particular historical analogy and asks how it shaped both perceptions and the economic policy response. It asks how historical scholarship might be better organized to inform the process of economic policymaking. It concludes with some reflections on how research in economic history will be reshaped by the crisis.

The Economic Rise of China

Asian Survey ◽  
2017 ◽  
Vol 57 (4) ◽  
pp. 595-617 ◽  
Author(s):  
Zhaohui Wang
Keyword(s):  
United States ◽  
Financial Crisis ◽  
International Institutions ◽  
Global Financial Crisis ◽  
The United States ◽  
Policy Response ◽  
The Core ◽  
Rise Of China ◽  
The Global Financial Crisis ◽  
Rising Power

This paper examines the symbiotic but asymmetric relationship between the United States as the core and China as the semi-periphery. It argues that China’s policy response in both domestic and international domains after the global financial crisis reveals that China as a rising power is no longer a rule-taker, but between a rule-maker and a rule-breaker that adds incremental reforms to current international institutions.

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