Two years ago, fear of a new Great Depression was widespread.
Financial markets were collapsing under mountains of debt.
The world economy appeared to be on the verge of a meltdown.
Today, by contrast, signs of a recovery are visible, promising renewed economic growth in the United States and elsewhere.
Did we dodge a bullet or is the worst yet to come?
UCSB Professor Benjamin J. Cohen will address this timely question in a UCSB Affiliates' Economics Forum lecture focusing on the global economic outlook.
The event will be held on Feb. 25 at 7:30 p.m. at the First Presbyterian Church Fellowship Hall in Santa Barbara.
Check-in and reception begin at 7 p.m.
Admission is $8 for UCSB Affiliates and Chancellor Council members, and $10 for all others.
Advance reservations are recommended and can be made by calling the Office of Community Relations at (805) 893-4388.
Cohen is the Louis G. Lancaster Professor of International Political Economy at UCSB.
A specialist in the political economy of international money and finance, he serves on the editorial boards of several leading academic journals and is the author of 12 books, including, most recently, "Global Monetary Governance" and "International Political Economy: An Intellectual History," both published in 2008.
Prior to joining the UCSB faculty in 1991, he was the Clayton Professor of International Economic Affairs at Tufts University's Fletcher School of Law and Diplomacy.
More information is available at: www.ia.ucsb.edu/comrel/events.shtml.
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