Conversations on Growth, Stability and Trade
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Conversations on Growth, Stability and Trade

An Historical Perspective

Brian Snowdon

This unique volume provides a comprehensive survey of the major economic issues that have helped shape the modern world. It includes discussions of the latest research findings in macroeconomics and scrutinises some of the most important debates in economic history. The author examines the many controversies relating to the role of government in a modern economy, long-run growth and development, the spread of the Industrial Revolution, the causes and consequences of the ‘Great Depression’, the ‘Great Peacetime Inflation’, the conduct of stabilisation policy, international economic integration and globalisation.
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Barry Eichengreen

Brian Snowdon


Barry Eichengreen was born in Berkeley, California. Following four years of undergraduate study at the University of California at Santa Cruz, he attended graduate school at Yale University, obtaining Masters degrees in economics and history, and his PhD in economics. From 1980 through 1987 he taught at Harvard University before joining the Berkeley faculty in 1987. In 1998 he was appointed the George C. Pardee and Helen N. Pardee Professor of Economics and Political Science. Professor Eichengreen is the first of the recent generation of economists who have brought economic history to bear on the study of international economics, writing on the evolution of the international monetary system, the role of international factors in the depression of the 1930s, the incidence of currency and banking crises, and financial globalisation in the nineteenth and twentieth centuries. His numerous published articles include ‘Exchange rates and economic recovery in the 1930s’ (with Jeffrey Sachs), Journal of Economic History (December, 1985); ‘One money for Europe? Lessons from the US currency union’, Economic Policy (April, 1990); ‘The origins and nature of the Great Slump revisited’, Economic History Review (May, 1992); ‘The Marshall Plan: History’s most successful structural adjustment program’ (with J. Bradford DeLong), in R. Dornbusch, R. Layard and W. Nolling (eds) (1993); ‘European monetary unification’, Journal of Economic Literature (September, 1993); ‘The unstable EMS’ (with Charles Wyplosz), Brookings Papers on Economic Activity (1993); ‘Two cases 301 302 Interviews of sand in the wheels of international finance’ (with Charles Wyplosz and James Tobin), Economic Journal...

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