Hall of Mirrors: How the Great Depression Shaped the Great Recession
Professor Barry Eichengreen, Professor of Economics and Political Science, University of California, Berkeley; Research Associate of the National Bureau of Economic Research; Research Fellow of the Centre for Economic Policy Research; Senior Policy Advisor at the IMF (1997-98)
Chair: Dr Paola Subacchi, Research Director, International Economics, Chatham House
Building on his recent work, Professor Eichengreen will explain how the popular understanding of the Great Depression of the 1930s shaped the response to the Great Recession that began in 2008, and how the fear of another Depression following the collapse of Lehman Brothers shaped policy responses on both continents, with both positive and negative results. Professor Eichengreen will also explain how our experience of the Great Recession will change our understanding of the Great Depression.
Attendance at this event is by invitation only.