This book provides an analytical framework for understanding economic crisis and the mechanisms that underpin them. It shows the various ways in which economies can face crisis and the unique impacts that occur when multiple crises happen at the same time, highlighting how crises are not isolated, but part of a wider system of crises. By examining the ways in which this cycle can be disrupted by economic robustness, resilience, and sustainability, methods for breaking this cycle are presented, alongside an outline for the redesign of economic systems to protect against future crises.
This book offers insight into the creation of sound and resilient economies. It will be relevant to students, researchers, and policymakers interested in economic crisis and economic policy.
Emil Dinga is an Economist at the Romanian Academy.
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