Century of Global Economic Crises

Lúcio Vinhas de Souza is currently a Fellow at Harvard University, Cambridge and a Visiting Professor at Brandeis University, Boston, USA. He is also the former Chief Economist of Moody’s and a former Advisor to European Commission President Jean-Claude Juncker.

• 1. Introduction.- 2. Forgotten worlds: the stagflation of the 1970s.- 3. From Volcker to China: The “Great Moderation” begins.- 4. Houses made of sand: The “Global Financial Crisis”.- 5. Trojan horses: the long shadow of the euroarea sovereign crisis.- 6. COVID 19: the fiscal and monetary responses to a global pandemic.- 7. The next Horseman of the Apocalypse: Russian invasion of Ukraine and a global price shocks.- 8. Looking back, looking forward: monetary, fiscal and structural polices for an older, indebted and more fragmented world.