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The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications …
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The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …
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policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take …
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Potential growth-the rate of expansion an economy can sustain at full capacity and employment-is a critical driver of development progress. It is also a major input in the formulation of fiscal and monetary policies over the business cycle. This paper introduces the most comprehensive database...
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The global financial crisis serves as a reminder of the risks of financial globalization. After grappling with surges … fierce debate about the merits of financial globalization and its effects on growth and stability, especially for emerging … implications for the debate on financial globalization. Nevertheless, there are two preliminary observations that are pertinent …
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