OECD Insights From Crisis to Recovery The Causes, Course and Consequences of the Great Recession

OECD Insights From Crisis to Recovery The Causes, Course and Consequences of the Great Recession PDF Author: Keeley Brian
Publisher: OECD Publishing
ISBN: 9264077073
Category :
Languages : en
Pages : 147

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Book Description
From Crisis to Recovery traces the causes, course and consequences of the “Great Recession”. It explains how a global build up of liquidity, coupled with poor regulation, created a financial crisis that quickly began to make itself felt in the real economy.

OECD Insights From Crisis to Recovery The Causes, Course and Consequences of the Great Recession

OECD Insights From Crisis to Recovery The Causes, Course and Consequences of the Great Recession PDF Author: Keeley Brian
Publisher: OECD Publishing
ISBN: 9264077073
Category :
Languages : en
Pages : 147

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Book Description
From Crisis to Recovery traces the causes, course and consequences of the “Great Recession”. It explains how a global build up of liquidity, coupled with poor regulation, created a financial crisis that quickly began to make itself felt in the real economy.

From Financial Crisis to Global Recovery

From Financial Crisis to Global Recovery PDF Author: Padma Desai
Publisher: Columbia University Press
ISBN: 023115786X
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
This book examines the factors leading to America's recent recession, describing the monetary policy, tax practices, subprime mortgages and lack of regulation that contributed to the crisis. The book also considers the the prospects for economic recovery in North America, Europe, Asia, and South America as well as the extent of U.S. and EU regulatory proposals.

After the Great Recession

After the Great Recession PDF Author: Barry Z. Cynamon
Publisher: Cambridge University Press
ISBN: 1107015898
Category : Business & Economics
Languages : en
Pages : 359

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Book Description
A collection of essays about the US Great Recession of 2007 to 2009 and the subsequent stagnation from prominent scholars.

Economic Recovery

Economic Recovery PDF Author: Craig K. Elwell
Publisher: DIANE Publishing
ISBN: 1437944175
Category : Reference
Languages : en
Pages : 21

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Book Description
Contents: (1) Background: Severity of the 2008-2009 Recession; Policy Responses to the Financial Crisis and Recession: Monetary Policy Actions; Fiscal Policy Actions; (2) Is Sustained Economic Recovery Underway?; (3) The Shape of Economic Recovery: Demand Side Problems?: Consumption Spending; Investment Spending; Net Exports; Supply Side Problems?; Policy Responses to Increase the Pace of Economic Recovery: The Case for More Fiscal Stimulus; The Case Against More Fiscal Stimulus; The Case Against More Monetary Stimulus; Economic Projections. This is a print on demand edition of an important, hard-to-find publication.

Economic Recovery: Sustaining U.S. Economic Growth in a Post-Crisis Economy

Economic Recovery: Sustaining U.S. Economic Growth in a Post-Crisis Economy PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 20

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Book Description
The recession that began in late 2007 was long and deep. It is likely to prove to be the worst economic contraction since the 1930s (but still much less severe than the Great Depression). The slowdown of economic activity was moderate through the first half of 2008, but at that point the weakening economy was overtaken by a major financial crisis that would exacerbate the economic weakness and accelerate the decline. Recent evidence suggests that the process of economic recovery has begun. Real gross domestic product (GDP) has been on a positive track since mid-2009. The stock market has recovered from its lows, and employment has increased moderately. On the other hand, significant economic weakness remains evident, particularly in the labor and housing markets. In the typical post-war business cycle, lower than normal growth during the recession is quickly followed by a recovery period with above normal growth. This above normal growth serves to speed up the reentry of the unemployed to the workforce. Once the economy reaches potential output (and full employment), growth returns to its normal growth path where the pace of aggregate spending advances in step with the pace of aggregate supply.

Lost Decades: The Making of America's Debt Crisis and the Long Recovery

Lost Decades: The Making of America's Debt Crisis and the Long Recovery PDF Author: Menzie D. Chinn
Publisher: W. W. Norton & Company
ISBN: 0393080501
Category : Business & Economics
Languages : en
Pages : 259

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Book Description
A clear, authoritative guide to the crisis of 2008, its continuing repercussions, and the needed reforms ahead. The U.S. economy lost the first decade of the twenty-first century to an ill-conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long-term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists. By 2008 the United States had become the biggest international borrower in world history, with more than two-thirds of its $6 trillion federal debt in foreign hands. The proportion of foreign loans to the size of the economy put the United States in league with Mexico, Indonesia, and other third-world debtor nations. The massive inflow of foreign funds financed the booms in housing prices and consumer spending that fueled the economy until the collapse of late 2008. This was the most serious international economic crisis since the Great Depression of the 1930s. Menzie Chinn and Jeffry Frieden explain the political and economic roots of this crisis as well as its long-term effects. They explore the political strategies behind the Bush administration’s policy of funding massive deficits with foreign borrowing. They show that the crisis was foreseen by many and was avoidable through appropriate policy measures. They examine the continuing impact of our huge debt on the continuing slow recovery from the recession. Lost Decades will long be regarded as the standard account of the crisis and its aftermath.

Recovery After Recession

Recovery After Recession PDF Author: Drew Symmes
Publisher: Nova Science Publishers
ISBN: 9781624177774
Category : Business cycles
Languages : en
Pages : 0

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Book Description
The 2007-2009 recession was long and deep, and according to several indicators was the most severe economic contraction since the 1930s (but still much less severe than the Great Depression). The slowdown of economic activity was moderate through the first half of 2008, but at that point the weakening economy was overtaken by a major financial crisis that would exacerbate the economic weakness and accelerate the decline. Economic recovery began in mid-2009. Real gross domestic product (GDP) has been on a positive track since then, although the pace has been uneven and slowed significantly in 2011. The stock market has recovered from its lows, and employment has increased moderately. On the other hand, significant economic weakness remains evident, particularly in the balance sheet of households, the labour market, and the housing sector. This book provides select research and analyses pertaining to the economic recovery and sustaining U.S. economic growth in a post-crisis economy.

Brazil

Brazil PDF Author: Mr.Antonio Spilimbergo
Publisher: International Monetary Fund
ISBN: 1484339746
Category : Business & Economics
Languages : en
Pages : 382

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Book Description
Brazil is at crossroads, emerging slowly from a historic recession that was preceded by a huge economic boom. Reasons for the historic bust following a boom are manifold. Policy mistakes were an important contributory factor, and included the pursuit of countercyclical policies, introduced to deal with the effects of the global financial crisis, beyond the point where they were helpful. More fundamentally, it reflects longstanding structural weaknesses plaguing the economy, that also help explain Brazil’s uninspiring growth performance over the past four decades.

Law and Macroeconomics

Law and Macroeconomics PDF Author: Yair Listokin
Publisher: Harvard University Press
ISBN: 0674976053
Category : Law
Languages : en
Pages : 281

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Book Description
After 2008, private-sector spending took a decade to recover. Yair Listokin thinks we can respond more quickly to the next meltdown by reviving and refashioning a policy approach, used in the New Deal, to harness law’s ability to function as a macroeconomic tool, stimulating or relieving demand as required under certain crisis conditions.

The Road to Recovery

The Road to Recovery PDF Author: Andrew Smithers
Publisher: John Wiley & Sons
ISBN: 1118515692
Category : Business & Economics
Languages : en
Pages : 267

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Book Description
Renowned economist Andrew Smithers offers prescriptive advice and economic theory on avoiding the next financial crisis In The Road to Recovery, Andrew Smithers—one of a handful of respected economists to have accurately predicted the most recent global financial crisis—argues that the neoclassical consensus governing global economic decision-making must be revised in order to avoid the next financial collapse. He argues that the current low interest rates and budget deficits have prevented the recession becoming a depression but that those policies cannot be continuously repeated and a new consensus for action must be found. He offers practical guidance on reducing government, household, and business debt; changing the economic incentives for the management class that currently inhibit long-term growth; and rebalancing national economies both internally and externally. Further, he explains how central bankers must broaden the economic theories that guide their decisions to include the major factors of debt and asset prices. Offers practical, real-world economic policies for restructuring and rebalancing the global economic system Presents a modern economic theory for preventing the next collapse Ideal for economists, investors, fund managers, and central bankers Written by an economist described by the legendary Barton Biggs as "one of the five best, most dispassionate, erudite analysts in the world" As the global economy continues the long climb out of recession, it's imperative that central bankers and other economic decision-makers not repeat the mistakes of the past. The Road to Recovery offers prescriptive guidance on redesigning an economic system that is healthy, stable, and beneficial to all.