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5Must-Reads to Know More about International Economics

The world economy is a playground of political, diplomatic and business strategies. No wonder students pursuing Nursing assignment help from experts and seniors. There are so many factors at play, and the intricacy of each element can throw you off if you do not understand the basics of international economics.  

On that note, here are five books that you can read and gather insights for your economics assignments help yourself to good grades.

The Willing World: Shaping and Sharing a Sustainable Global Prosperity
This book is written by James Bacchus, a former member of the US Congress and an environmentalist. He addresses the problems that can be solved only by international cooperation. He also elaborates on why such cooperation shouldinvolve the economy and the environment at the same time.

The Fed and Lehman Brothers
The world witnessed the most significant moment in the history of the world economy since the Great Depression in September 2008 when US authorities let Lehman fail. In his book, Lawrence Ball proves why the decision was not a necessity. He explains how the authorities could have had prevented the bankruptcy. In this matter, he explores the realms of political pressures and how it played a role in the incident.

Principles for Navigating Big Debt Crises
If you are specialising inrisk analysis, then this book is a must-read.The billionaire founder of Bridgewater (one of the world’s largest hedge funds), RayDalio provides a detailed study of economic history in his book. The insights will help you understand the economic mechanisms of the international market that turns the wheels of big credit cycles.

The Future of Capitalism: Facing the New Anxieties
Paul Collier, one of the most distinguished economists in the UK, analyses what the deficits of the concept of contemporary capitalism. His book focusses on the increasing divide between the educated and the less-educated and links it to the emergence of booming metropolis amid declining provinces.

A Crisis of Beliefs: Investor Psychology and Financial Fragility
Written by economists due, Nicola Gennaioli and Andrei Shleifer, this book navigates the cycle of mistakes. As per this cycle, the investors first make mistakes. The authors argue that these mistakes are systematic and predictable. Once the errors are committed, thetrait of “diagnostic expectations” rooted in human psychology explains these mistakes.

Get these books at the earliest and read them to up your level. You will learn to see the global economy with a fresh perspective.

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