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The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications …
Persistent link: https://www.econbiz.de/10003831857
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The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009. During each of these episodes, annual real per capita global gross domestic product contracted, and this contraction was accompanied by weakening of other key indicators of global...
Persistent link: https://www.econbiz.de/10012230745
globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies … of countries but divergence (or decoupling) between them. -- Globalization ; business cycles ; macroeconomic fluctuations …
Persistent link: https://www.econbiz.de/10003693703