Johan Van Overtveldt

I was excited to read this book because I wanted to learn more on how banks work and global economy and how they worked together. I have no background in banking, finance and global economy but I learned a lot. It took me while to read this book, the author wrote about various events & bank. To get a better understanding what the author was referring to I had to do my research, looking up terms-,ECB, IMF
people- Raghuram Ragan, Mario Draghi and historical events- 1929 stock market crash, 2007-2009 global financial crisis and 2008 Lehman Brother failure.

The author does a great job telling the history, mind set behind some of world's biggest financial crisis and how central banks supports the global economy.… (más)

This book provides a good presentation on the role of central banks in the world economy. With specific reference to the 21st century it notes what they did right, where they went astray, and what they might have done differently. A good amount of history is provided so that those who aren't professional economists can understand the overall context.

It took me a while to get through the book, although it really is easy to read. I had some Economics classes in college 45 years ago, and I was struggling to remember how the author's comments fit into what I learned then. I'm not up enough on the current state of economic theory to evaluate the author's position so I won't comment on the quality of the specific content. It's well-written, though, with no jargon that hasn't already been explained. Constant references to economists from the past come only after those economists and their views have been outlined for the reader. Someone who isn't trying to study the book while reading it will get through it much more quickly than I did!

I found the subject fascinating, and would like to see what professional economists have to say about it. I highly recommend this book to anyone interested in the subject.… (más)