Collapse And Revival: Understanding Global Recessions And Recoveries
| Author | : | |
| Rating | : | 4.12 (561 Votes) |
| Asin | : | 1513570021 |
| Format Type | : | paperback |
| Number of Pages | : | 316 Pages |
| Publish Date | : | 2013-04-02 |
| Language | : | English |
DESCRIPTION:
Cabot Professor of Public Policy and Professor of Economics, Harvard University.What happens when the global economy falls into recession and how does it recover? Kose and Terrones answer these and many other important questions in this comprehensive empirical study of Global Business Cycles. --Michael G. --VariousIn an age of declining barriers to global interaction, real and financial sectors are becoming increasingly integrated across the world. Pioneers in the field of analyzing and defining global recessions, Kose and Terrones argue that it no longer makes any sense to analyze national downturns as if they always occur in isolation. How can citizens of the world understand these terms when many, including often economists, just toss t
A Timely Look at Recessions and Recoveries Jeremy P. Clift The world is still recovering from the most recent global recession—dubbed the Great Recession because of its scale and global reach— and the likelihood of another downturn has never left the news as the world economy remains under the long shadow of a persistently weak recovery.The bankruptcy of Lehman Brothers, one of the largest U.S. investment banks, in 2008, pushed the world e
This book tracks the global business cycle through the destruction of a global recession to the renewal of recovery, drawing on four major episodes in the past half century. A companion website and DVD provide several unique tools to help readers understand the basics: interactive timelines of the four episodes, videos of author interviews, several reports explaining the regional impact of the collapse, as well as coverage of the Lehman Brothers bankruptcy, and more.. But, what is a global recession? What is a global recovery? What really happens during these episodes? As the debates about the recent global recession and the subsequent recovery have clearly shown, our understanding of these questions has been very limited. It defines key terms, documents the main features of a global recession and recovery, and describes the events that take place around these episodes. Available in hardback and Ki