Welcome to Economics of Crisis.
Economics of Crisis is an international consortium of scholars, created to promote the sharing of information and ideas, with regard to the impact of financial crises and natural disasters on countries and social groups. Members are economists and policy specialists on every continent.
Financial crises should be a call to action to reform the existing financial and economic system; the danger is always that we simply improve many aspects of the status quo, which has provided the background against which crises begin.
The economics of natural disasters is an understudied field that will become increasingly important to policy makers and communities as global warming progresses.
Additional research and commentary is necessary to help shape policies enacted to combat crises. To join the group, or to submit information, please email sara_hsu@yahoo.com.
Current projects in progress:
Economics of Crisis and GEM-IWG are editing a book on the effects of the US Financial Crisis of 2008 on vulnerable groups across the world. The book examines the global impact of the crisis on women and minorities, and will be published in 2012.
Several groups members are working on a model of US debt crisis, to be completed by early 2011. The model examines a hypothetical situation in which US public debt might become unsustainable, accounting for factors such as interest rates and inflation.
Sara Hsu has a contract for a book on financial crises from 1929 to the present, to be published in 2012 by Edward Elgar.
A project on the impact of Japan's earthquake and tsunami of 2001 TBA.
