The System Worked: Global Economic Governance during the Great Recession

@article{Drezner2014TheSW,
  title={The System Worked: Global Economic Governance during the Great Recession},
  author={Daniel W. Drezner},
  journal={World Politics},
  year={2014},
  volume={66},
  pages={123 - 164}
}
Prior to 2008, numerous international relations scholars had predicted a looming crisis in global economic governance. Policy analysts have only reinforced this perception since the financial crisis, declaring that we live in a “G-Zero” world. This article takes a closer look at the global response to the financial crisis and reveals a more optimistic picture. Despite initial shocks that were more severe than the 1929 financial crisis, global economic governance structures responded quickly and… Expand
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