Global Economics in Extraordinary Times—Essays in Honor of John Williamson

Bergsten (Peterson Institute for International Economics) and Henning (international economic relations, American U., and Peterson Institute) collect 11 essays in honor of international economist John Williamson's 75th birthday. The essays aim to reflect on his contributions to topics ranging from international monetary economics to development policy and their relevance to the challenges faced by the world economy in the wake of the recent global financial crisis. Economists from India, Israel, Europe, and the US describe his contributions and philosophical approach, then present essays on the Washington Consensus; the international monetary system, the Economics and Monetary Union in Europe in light of the European debt crisis, and exchange rate regimes; international finance, with discussion of capital mobility and regulation, financial regulation, and growth-linked securities; and India before and after the economic crisis and the experience of Latin America with the Washington Consensus; concluding with a chapter by Williamson on economic policy making during normal times and crises. Annotation c2013 Book News, Inc., Portland, OR (booknews.com)

C. Fred Bergsten, senior fellow and director emeritus, was the founding director of the Peterson Institute for International Economics (formerly the Institute for International Economics) from 1981 through 2012. He is serving his second term as a member of the President's Advisory Committee for Trade Policy and Negotiations and was co-chairman of the Private Sector Advisory Group to the United States–India Trade Policy Forum, comprising the trade ministers of those two countries, during 2007–14.

C. Randall Henning was a Visiting Fellow who has been associated with the Institute since 1986. He serves on the faculty of the School of International Service, American University. He specializes in the politics and institutions of international economic relations, international and comparative political economy, and regional integration. His research work focuses on international monetary policy, European monetary integration, macroeconomic policy coordination, finance G-7 and G-8 summit cooperation, and regional cooperation in East Asia.