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Collapse and Revival
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  • Broschiertes Buch

As the debates about the recent global recession and the subsequent recovery have clearly shown, our understanding of these questions has been very limited. In this book, we undertake a systematic analysis of global recessions and recoveries to address these questions. Specifically, we define the terms of global recessions and recoveries; document their main features; describe the events that take place around these episodes; put the latest global recession and ongoing recovery in perspective; and analyze the interactions between fluctuations in the global growth and national growth over the different phases of the global cycle.…mehr

Produktbeschreibung
As the debates about the recent global recession and the subsequent recovery have clearly shown, our understanding of these questions has been very limited. In this book, we undertake a systematic analysis of global recessions and recoveries to address these questions. Specifically, we define the terms of global recessions and recoveries; document their main features; describe the events that take place around these episodes; put the latest global recession and ongoing recovery in perspective; and analyze the interactions between fluctuations in the global growth and national growth over the different phases of the global cycle.