Economics has become an excessively esoteric discipline‎.‎ Opportunities to bridge the gap between theorizing and policymaking are becoming increasingly limited‎.‎ One issue of great importance to modern policymakers is the relationship between globalization and economic crisis‎.‎ With unprecedented trends towards globalization ‎(‎in part propelled by developments in information technology‎)‎‎,‎ the repercussions of economic crisis are more profound than ever before‎,‎ particularly for developing countries‎.‎ ‎"‎What Global Economic Crisis‎?‎‎"‎ seeks to bridge the gap between theory and policy by examining the destabilising effects of financial crises on economic growth‎,‎ stability and development‎.‎ It also presents some innovative ideas intended to inform the design of institutions able to foster more effective international policy coordination‎.‎