Crisis and Calm: Canada's Central Bank From Dot-Com 2000 Through 2020 Covid Lockdown - Greg Quinn

Descriere Crisis and Calm: Canada's Central Bank From Dot-Com 2000 Through 2020 Covid Lockdown - Greg Quinn

\nThis book documents a remarkable yet little-examined time for Canada's economy and the people who manage it, from the Y2K bug and dot-com boom through the Great Moderation of inflation, to the global recession of 2008 and the Covid recession of 2020. Through this period Canada's dollar hit record highs and lows, borrowing costs fell to record lows, and the bad times through Covid were at risk of becoming another Great Depression without massive intervention that was unthinkable in the early 1930s. Crisis and Calm examines how Canada's central bank did and what lessons we can draw for the future, against political calls to fire the Governor of the Bank of Canada. The book argues the justification for strong economic policy is radically different in a crisis than in normal times, and in a crisis you must take strong action even if there is some over-adjustment. While monetary policy has been largely effective over the last two decades, especially compared with global peers, there are key ways decisions can be improved.

Detalii

Brand

Friesenpress

Categorie

ENSTK

EAN / GTIN

9781039163768

Magazine

1

Disponibilitate

in stock