Bergsten (Peterson Institute for International Economics) and Henning (international economic relations, American U., and Peterson Institute) collect 11 essays in honor of international economist John Williamson's 75th birthday. The essays aim to reflect on his contributions to topics ranging from international monetary economics to development policy and their relevance to the challenges faced by the world economy in the wake of the recent global financial crisis. Economists from India, Israel, Europe, and the US describe his contributions and philosophical approach, then present essays on the Washington Consensus; the international monetary system, the Economics and Monetary Union in Europe in light of the European debt crisis, and exchange rate regimes; international finance, with discussion of capital mobility and regulation, financial regulation, and growth-linked securities; and India before and after the economic crisis and the experience of Latin America with the Washington Consensus; concluding with a chapter by Williamson on economic policy making during normal times and crises. Annotation 2013 Book News, Inc., Portland, OR (booknews.com)
