The Global Economic Crisis of 2008-2009
The authors consider the recent global crisis as the superposition of several regional crises that occurred simultaneously but for different reasons. However, these crises have something in common: developed countries tend to maintain a certain level of social security without increasing real production output. This policy has resulted in trade deficits and the partial destruction of market mechanisms.
Year of publication: |
2010
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Authors: | Rapoport, A. ; Gerts, A. |
Published in: |
Problems of Economic Transition. - M.E. Sharpe, Inc., ISSN 1061-1991. - Vol. 53.2010, 6, p. 45-62
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Publisher: |
M.E. Sharpe, Inc. |
Saved in:
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