Managing Complexity: Economic Policy Cooperation After the Crisis

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A critical look at the challenges facing international policy cooperation in the new postcrisis environment.

The global financial crisis of 2007-09 highlighted the economic interdependencies between all major countries, raising the issues of international cooperation. Managing Complexity: Economic Policy Cooperation after the Crisis looks at how, following the global financial crisis, countries have changed the way they cooperate with each other on matters of economic policy.

In this volume, the result of a joint research project of Chatham House and the International Monetary Fund, researchers and policymakers who were directly involved in the crisis take a critical look at the challenges facing international policy cooperation in the new postcrisis environment and at how the theory and practice of cooperation have evolved as a result of the crisis.

Tamim Bayoumi is deputy director of the Strategy, Policy, and Review Department of the International Monetary Fund, where he oversees several strands of the multilateral policy and research agenda. He was previously head of the division covering the United States and Canada in the Western Hemisphere Department and the chief of the economic
studies and modeling divisions, both in the Research Department of the IMF.

Stephen Pickford is a senior fellow in the International Economics Department at Chatham House in London, focusing on economic policies and governance in Europe and the G-20. Before that he was a senior policymaker at the U.K. Treasury, and he has worked at the IMF and the World Bank.

Paola Subacchi is director of international economic research at Chatham House in London, where she works on international economic governance. The author of several books, reports, and articles, she is also a media commentator and writes regularly for Project Syndicate and Foreign Policy.