Beyond the Crash.

About Beyond the Crash

Beyond the Crash: Overcoming the first crisis of globalisation is a 2010 book by Gordon Brown, who served as the prime minister of the United Kingdom from 2007 until 2010. The work argues that the only way to overcome the 2008 financial crisis fully is with further coordinated global action. Brown states that a shared "global compact" on jobs and growth should be central to effective action, with different regions called on in different ways to contribute to rebalancing the global economy while boosting growth. The book includes first-hand accounts of events leading to previous successful cases of international collaboration on economic affairs. There are specific suggestions about the different ways in which the world's nations and regions can help secure global growth, jobs and poverty reduction. A secondary theme of the work is that better global oversight is needed for the international financial system. Brown suggests that to function at their best, banks and markets need shared morals.