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In spite of the United States' recovery, most Caribbean nations are still struggling in the aftermath of the 2007?08 global financial crisis. This paper examines this slow growth recovery through the analysis of how the Caribbean's growth relates to that of key drivers of the global economy. The...
Persistent link: https://www.econbiz.de/10012970171
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 …
Persistent link: https://www.econbiz.de/10012840241
The financial crisis arose in the industrial countries, but has affected developing countries through higher interest rates, sharp changes in commodity prices, and reductions in investment, trade, migration and remittances. For most low-income countries, shocks that affect food prices or wage...
Persistent link: https://www.econbiz.de/10012976362
This paper assesses the impact of the rise of China on the trade of Latin American and Caribbean economies. The study proposes an index to measure the impact on trade, which suggests sizable effects, especially in Argentina, Brazil, Chile, Honduras, Mexico, and Paraguay. The paper uses the index...
Persistent link: https://www.econbiz.de/10012937561
As the world recovers only slowly from the 2008 financial crisis and Europe is facing a looming debt crisis, concerns … slow to recede. Consequently, the global recovery may continue to be fragile for years to come. What the world needs now is …
Persistent link: https://www.econbiz.de/10012975511
likely to stop bringing their capital when their economy is growing and the world interest rate is lower. Domestic agents are …
Persistent link: https://www.econbiz.de/10012976162
economic management in the developed world and the economic models that guide it. The crisis has revealed major market failures … market-state balance, macroeconomic management, globalization, development financing, and public spending. On the one hand … should largely reinforce the Post-Washington Consensus on development that has emerged over the past decade -- a world view …
Persistent link: https://www.econbiz.de/10012976477
Using a data set covering about 277,000 firms across 79 countries over the period 2004-11, this paper examines the evolution of firms' capital structure during the global financial crisis and its aftermath in 2010-11. The study finds that firm leverage and debt maturity declined in advanced...
Persistent link: https://www.econbiz.de/10012970413
economic effects. The financial crisis that hit the world economy in 2008-2009 has transformed the lives of many individuals … financial system continue around the world, the challenge for policy makers is to incorporate the lessons from the failures to …
Persistent link: https://www.econbiz.de/10012973780
As COVID-19 continues to wreak havoc across the world, researchers are attempting to quantify the economic fallout from …
Persistent link: https://www.econbiz.de/10012832318