procedures, frameworks to ensure better performance during the next pandemic which will surely come. the divergence between the last crisis and this one has been most stark on the global level. as daniel drezner wrote in his excellent book the system worked people used to think of global governance the way woody allen joked about food at catskills resorts, so bad and yet such small portions. in fact as he documents, global governance functions surprisingly well during the financial crisis. countries cooperated, central banks worked together and a downward spiral was averted. he noted even china was remarkably willing to go along with major international initiatives. washington played the central role of course, nudging countries to get in line, but also acting in ways that helped other. the economic historian adam tuus
bureaucracies to learn from countries that got it right and to put in place new policies, procedures, frameworks, to ensure better performance during the next pandemic which will surely come. the vergence between the last crisis and this one has been most stark on the global level. as daniel dresner wrote in his excellent book the system worked people used to think of global governance the way woody allen joked about food at catskills resorts, so bad and yet such small portions. in fact as he documents global governance functions surprisingly well during the financial crisis. countries cooperated, central banks worked together and a downward spiral was averted. he noted even china was remarkably willing to go along with major international initiatives. washington played the central role of course, nudging countries to get in line, but also acting in ways that helped other. the economic historian adam tuus