Ascent After Decline: Regrowing Global Economies After the Great Recession - Softcover

Softcover

ISBN 10: 0821389424 ISBN 13: 9780821389423

Publisher: World Bank Publications, 2012

Synopsis

The Great Recession of 2009-11 was not simply a severe business cycle slowdown or even a combined credit, housing, and asset market collapse. It left permanent scars, especially on the advanced economies. In its wake, policy makers must navigate uncharted economic territory where 'business as usual' no longer applies and deep structural changes mark the global economic landscape.Fundamental questions about the daunting task of 'regrowing growth' have now taken center stage for economists, politicians, and policy makers alike: Will international capital flows be encouraged or discouraged? How open will export markets be, given the structural changes and their implications for employment? How much reliance will there be on market solutions when governments--now overly indebted and wary of additional relief expenditures--are expected to deliver on the promise of economic growth?

Edition details

• Publisher: World Bank Publications
• Publication date: 2012
• Language: English
• ISBN 10: 0821389424
• ISBN 13: 9780821389423
• Binding: Paperback
• Number of pages: 325
• Editor: Canuto Otaviano, Leipziger Danny M.