European University Institute Library

Collapse and revival, understanding global recessions and recoveries, M. Ayhan Kose, Marco E. Terrones

Label
Collapse and revival, understanding global recessions and recoveries, M. Ayhan Kose, Marco E. Terrones
Language
eng
Bibliography note
Includes bibliographical references (pages 233-260) and index
resource.governmentPublication
international or intergovernmental publication
Illustrations
illustrations
Index
index present
Literary Form
non fiction
Main title
Collapse and revival
Nature of contents
bibliography
Oclc number
1010697136
Responsibility statement
M. Ayhan Kose, Marco E. Terrones
Sub title
understanding global recessions and recoveries
Summary
The world is still recovering from the most recent global recession associated with the 2008-09 financial crisis and the possibility of another downturn persists as the global economy struggles to regain lost ground. 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. 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. It defines key terms, documents the main features of a global recession and recovery, and describes the events that take place around these episodes. The book also puts the latest global recession and ongoing recovery in perspective. 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.--, Provided by publisher
Content
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