Development Centre

DevTalks - The Big Recessions of the Past Hundred Years



 Tuesday, 11 June 2019, 10:00-11:30, OECD Boulogne – Room BB12

Within the OECD Development Centre "DEV TALKS" Series

To mark the Italian Research Day 2019, Mario Pezzini, Director of the OECD Development Centre and Special Advisor to the OECD Secretary-General on Development is pleased to invite you to a discussion on:

The Big Recessions of the Past Hundred Years

With Andrés Solimano, President and Founder of the International Center for Globalization and Development 

Throughout the 20th and 21st centuries, we witnessed economic growth and stagnation, currency crashes, debt, hyperinflation, and populist political cycles that put the stability of countries to the test. From both World Wars to the 2007-08 crisis, the frequency and intensity of recessions, their relationship to war, and the role played by populist and authoritarian political cycles in producing severe economic contractions, deserve a closer look in the quest to build more resilient societies.

Andrés Solimano, author of a forthcoming publication that records these economic contractions and recessions, joins us to unpack the global turning points of the past 100 years. Through this meticulous study, he shines a light on the causes and consequences of the Great Depression on various economies. He delves into transitions from the rapid growth between the 1950s and early 1970s to the stagflation that followed, and to the neoliberal era of volatile growth and frequent crises in certain North American and European economies.

During his talk, Dr Solimano will address the impact of macroeconomic and financial crises at the regional and national levels, drawing on lessons from currency collapses and political crises in Latin America (1970-2015) and East Asia (1997-98). Based on his research, he offers perspectives on designing and implementing policies that can help countries anticipate and better fare during economic downturns.





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Practical Information on how to get to the OECD

OECD Boulogne – Room BB12
46 Quai Alphonse le Gallo, 92100 Boulogne-Billancourt


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