Shutdown : how COVID shook the world's economy / Adam Tooze.
- 1 of 1 copy available at LARL/NWRL Consortium.
- 1 of 1 copy available at Lake Agassiz Regional Library. (Show preferred library)
0 current holds with 1 total copy.
|Location||Call Number / Copy Notes||Barcode||Shelving Location||Status||Due Date|
|Moorhead Public Library||330.9052 TOO (Text)||33500013455746||New||Available||-|
- ISBN: 9780593297551
- ISBN: 0593297555
- Physical Description: xiv, 354 pages : illustrations ; 24 cm
- Publisher: [New York, New York] : Viking, 
|Bibliography, etc. Note:||
Includes bibliographical references and index.
"Deftly weaving finance, politics, business, and the global human experience into one tight narrative, a tour-de-force account of 2020, the year that changed everything--from the acclaimed author of Crashed. The shocks of 2020 have been great and small, disrupting the world economy, international relations and the daily lives of virtually everyone on the planet. Never before has the entire world economy contracted by 20 percent in a matter of weeks nor in the historic record of modern capitalism has there been a moment in which 95 percent of the world's economies were suffering all at the same time. Across the world hundreds of millions have lost their jobs. And over it all looms the specter of pandemic, and death. Adam Tooze, whose last book was universally lauded for guiding us coherently through the chaos of the 2008 crash, now brings his bravura analytical and narrative skills to a panoramic and synthetic overview of our current crisis. By focusing on finance and business, he sets the pandemic story in a frame that casts a sobering new light on how unprepared the world was to fight the crisis, and how deep the ruptures in our way of living and doing business are. The virus has attacked the economy with as much ferocity as it has our health, and there is no vaccine arriving to address that. Tooze's special gift is to show how social organization, political interests, and economic policy interact with devastating human consequences, from your local hospital to the World Bank. He moves fluidly from the impact of currency fluctuations to the decimation of institutions--such as health-care systems, schools, and social services--in the name of efficiency. He starkly analyzes what happened when the pandemic collided with domestic politics (China's party conferences; the American elections), what the unintended consequences of the vaccine race might be, and the role climate change played in the pandemic. Finally, he proves how no unilateral declaration of 'independence" or isolation can extricate any modern country from the global web of travel, goods, services, and finance"-- Provided by publisher.
- Booklist Reviews : Booklist Reviews 2021 August #1
The entire world has not experienced a collective public health and economic disaster equal to the coronavirus pandemic of 2020. The disastrous public-health, social, economic, and political crises of the past year marked an unprecedented era in human history. Economic historian and professor Adam Tooze analyzes an of-the-moment history set between Xi Jinping's acknowledgement of the COVID outbreak on January 20, 2020 and Joe Biden's election on January 20, 2021. He discusses the ways in which the global environmental crisis has been building to a breaking point of cataclysmic events. In addition to deep analysis into the role central banks played in mitigating the economic fallout of worldwide economic shutdowns, Tooze contextualizes the massive economic and political efforts to address COVID, drawing comparisons with responses to the 2008 recession. While some readers may wonder whether the full impact of 2020 can be understood halfway into 2021, Tooze's sense of urgency in the face of historic upheavals is a compelling argument for the world to prepare for momentous change. Copyright 2021 Booklist Reviews.
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