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 …

when they fail to manage the risks they retain, they can create severe financial crises with devastating social and … 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 …

During the crises of the 1990s, emerging economies usually lacked the policy tools to deal with external shocks that …

of asymmetries in world asset demand and supply. Absent changes in the deep determinants of these, global imbalances can …

the World Bank in response to the global economic crisis of 2008-2009. Given trends in the imposition of new crisis …

around the world in response to the crisis. It highlights a number of key issues regarding economic and financial policies …

Despite recent calls in support of cash transfers, there is little rigorous evidence of the relative impacts of cash … equivalently valued cash and voucher transfers. The voucher program distorted households? purchases along both the extensive and … intensive margin as compared with unconstrained cash households. Yet there were no differences in food consumption or other …

This paper describes the serious fiscal crisis faced by cities around the world following the Great Recession of 2008 …. Section 1 summarizes how the crisis was triggered and how it unfolded in the US, then spread to the rest of world … and expenditure, and the stimulus programs and recovery plans devised as a short term response by cities around the world …