The Leaderless Economy: Why the World Economic System Fell Apart and How to Fix It

Translated from English by O. Levchenko; scientific editor of the translation T. Drobyshevskaya. – Moscow: Gaidar Institute Press, 2015. – 464 p. –  (Series “Economic Development Strategies” under the auspices of the Ministry of Economic Development of the Russian Federation) 

ISBN 978-5-93255-422-7 

Economy Without a Leader finds out why international financial cooperation is the only answer to today’s global economic crisis. In this timely and important book, its authors, Peter Temin and David Vines, argue that we are in a catastrophic situation that can be compared only to the Great Depression. Taking a detailed look at the history of the Great Depression and the current crisis, they explain what went wrong and why, and why international cooperation and leadership are needed to restore prosperity and prevent future crises.