Book description
An account of the significant though gradual, uneven, disconnected, ad hoc, and pragmatic innovations in global financial governance and developmental finance induced by the global financial crisis.
In When Things Don't Fall Apart, Ilene Grabel challenges the dominant view that the global financial crisis had little effect on global financial…
Why read it?
1 author picked When Things Don't Fall Apart as one of their favorite books. Why do they recommend it?
This book is a welcome antidote to the defeatism that results from a crisis-prone view of the world which is so easy to fall into today.
Grable argues that we should recognize that the rigid models that define a narrow “correct” path to progress are inadequate. Instead, she puts forward the value of what she calls “unscripted” innovations and reminds the reader of the value of “muddling through” and incremental change.
Grable shines a well-deserved light on earlier work by Hirschman and Lindblom. She combines an appreciation of the importance of ideas and the necessity of a high tolerance for…
From Elizabeth's list on why international finance fails to deliver.
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