The System Worked
How the World Stopped Another Great Depression
Daniel W. Drezner
Reviews and Awards
"If you find yourself disagreeing with Drezner, you need to take a good hard look at yourself and what you are doing with your life... this detailed, knowledgeable and cogent book is required reading for everyone in the global governance field -- and anyone who wants to know how, bad though things have been since the global financial crisis, they might have been a hell of a lot worse." --Alan Beattie, Financial Times
"Most analyses of the way in which countries work together to tackle international problems conclude with scathing and often justified critiques. In this original and well-written book Daniel Drezner shows how in the recent financial crisis, 'the system worked.' This book is full of surprising insights and important policy ideas." --Moisés Naím, Scholar, Carnegie Endowment and author of The End of Power
"Is today's global system of economic governance broken? The overwhelming consensus among experts and pundits, writing in the aftermath of the 2008 financial crisis, is that it is... In this astute and sharply argued book, Daniel Drezner begs to differ. In a detailed survey of international responses to the Great Recession, Drezner makes a convincing case that global institutions--the G20, IMF, WTO, and IMF--actually do still facilitate international cooperation and problem solving... Drezner does not argue that global governance is perfect, but he nicely shows that, contrary to the pessimists, there still is life in the liberal world order." --G. John Ikenberry, Albert G. Milbank Professor of Politics and International Affairs, Princeton University
"This new and excellent book by Daniel Drezner provides the best take on what we did right and why the world did not fall into a global great depression." --Tyler Cowen, Marginal Revolution
"The System Worked is a smart, thoughtful, and important book that I largely disagree with... Drezner has put forward an argument to be reckoned with, and it is more important that the book find an audience among those who disagree with its conclusions." --Jonathan Kirsch, Boston Review
"Drezner offers a thoughtful and contemporary analysis of global governing systems and their underlying politics." --National Journal