{"product_id":"the-chastening-inside-the-crisis-that-rocked-the-global-financial-system-and-humbled-the-imf-paperback","title":"The Chastening: Inside the Crisis That Rocked the Global Financial System and Humbled the IMF - Paperback","description":"\u003cp\u003eby \u003cb\u003ePaul Blustein\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eLauded by reviewers and scholars alike, Paul Blustein's \u003ci\u003eThe Chastening\u003c\/i\u003e examines the role of the International Monetary Fund in the series of economic crises that rocked the globe in the last decade. Based on hundreds of interviews with officials at the IMF, the World Bank, the U.S. Treasury, the Federal Reserve, the White House, and many foreign governments, \u003ci\u003eThe Chastening\u003c\/i\u003e offers a behind-the-scenes look at the Fund during an extraordinarily turbulent period in modern economic history and at a time when the IMF has become the object of intense political controversy. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e While the IMF and its overseers at the Treasury and the Fed have sought to cultivate an image of economic masterminds coolly dispensing effective economic remedies, the reality is that as markets were sinking and defaults looming, the guardians of global financial stability were often floundering, improvising, and feuding among themselves. \u003ci\u003eThe Chastening\u003c\/i\u003e casts serious doubt on the IMF's ability to combat of investor panics at a time when massive flows of money traverse borders and oceans. \u003cp\u003e\u003c\/p\u003e A readable, compelling account of the deeply flawed workings of the international political system, \u003ci\u003eThe Chastening\u003c\/i\u003e is vital reading for students and scholars of international diplomacy, government, and economic and public policy.\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003cb\u003ePaul Blustein\u003c\/b\u003e is Journalist in Residence at the Global Economy and Development Program at the Brookings Institution. For twenty years he was a staff writer at the \u003ci\u003eWashington Post\u003c\/i\u003e, where he covered business and economic issues. His work has won several prizes, including business journalism's most prestigious, the Gerald Loeb Award. Blustein lives in Bethesda, MD.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 448\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.18 x 8.28 x 5.5 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e April 17, 2007\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51760473440544,"sku":"9781586481810","price":24.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/252e77a7c2a1408f3502a54d483bd896.webp?v=1780180856","url":"https:\/\/ebocreations.com\/products\/the-chastening-inside-the-crisis-that-rocked-the-global-financial-system-and-humbled-the-imf-paperback","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}