Laid Low: Inside the Crisis That Overwhelmed Europe and the IMF
With the Centre for Finance and Development and the International Center for Monetary and Banking Studies
Auditorium Ivan Pictet B
Maison de la paix, Geneva
|In Laid Low, Paul Blustein chronicles the IMF’s role in the euro-zone crisis. Blustein shows that IMF officials had grave misgivings about the (mis)management of the Greek crisis, but went along at the insistence of powerful European policy makers — to the detriment of the Fund’s credibility, with disheartening implications for the management of future crises. The narrative concludes with the clash between the Syriza government and the country’s creditor institutions that reached a dramatic climax in the summer of 2015.|
Paul Blustein is a CIGI Senior Fellow and an award-winning journalist and author. Prior to joining CIGI in 2010, he was a staff writer for The Washington Post and The Wall Street Journal, and journalist-in-residence at The Brookings Institution.
Laid Low is his fifth book. His previous books include:
- The Chastening: Inside the Crisis That Rocked the Global Financial System and Humbled the IMF;
- And the Money Kept Rolling In (And Out): Wall Street, the IMF, and the Bankrupting of Argentina;
- Misadventures of the Most Favored Nations: Clashing Egos, Inflated Ambitions, and the Great Shambles of the World Trade System;
- Off Balance: The Travails of Institutions That Govern the Global Financial System.
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