Gopinath, Shyamala - In: Macroeconomics and Finance in Emerging Market Economies 2 (2009) 2, pp. 239-246
What began as a sub-prime crisis in the US housing mortgage sector in the second half of 2007 has turned successively into a global banking crisis, global financial crisis and now a global economic crisis. With the spread of the contagion from the financial to the real sector, it is now expected...