Book notes: Tumultuous times, by Masaaki Shirakawa

A rare and refreshingly honest description of a governorship that spanned a series of crises

Tumultuous times, by Masaaki Shirakawa

Masaaki Shirakawa, Tumultuous times: central banking in an era of crisis, Yale University Press 2021, 638 pages

Looking back at the last major global crisis might not be top of mind for today’s economists and central bankers, at a time when another and possibly far more dangerous crisis demands our full attention.

Nevertheless, we still get new insights from the people who experienced and managed the global financial crisis that ravaged the world economy 14 years ago. One of the latest

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