Ann Spehar
Email: aspehar@carroll.edu
Ann Spehar is an instructor in the Business and Economics Department at Carroll College in Helena, Montana USA. Prior to her tenure at Carroll College, Ann worked as a consultant in the industry, with areas of expertise in mathematical modelling, software engineering and project management. She worked 15 years at the Boeing Company, supporting clients that included Bell Laboratories, AT&T Long Lines, McDonnell Douglas and the Hanford Nuclear Facility. She has been faculty at both St Martin’s University and at Evergreen State College in Olympia, Washington. She is currently on Sabbatical at Carroll College.
Papers Published in World Economics:
The Collapse of Global Trade
A unique feature of the financial crisis is the unprecedented collapse in global world trade. The objective of this paper is to explain some of that collapse as a move towards protectionism triggered not by nationalistic interests but by ‘competing’ objectives among trading partners from the Mundell-Fleming Trilemma. Even with the best of intentions, efforts towards internal rebalancing necessarily imply harming your trading partner unintentionally if they should be using conflicting policy objectives of the Trilemma. National interests are at odds between two such countries, and their policy prescriptions counteract and paralyse rebalancing and coordination efforts between nations. Policymakers may be forced into protectionist stances in an effort to counteract the internal rebalancing efforts of their neighbours.
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The Great Moderation and the New Business Cycle
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