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This Time is Different: Eight Centuries of Financial Folly is one of the best, if not the best, books ever written on the history of financial crises. It presents a comprehensive survey of financial crises utilizing an extraordinary database of macroeconomic and financial series. The massive...
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The world is still recovering from the most recent global recession associated with the 2008-09 financial crisis and … the possibility of another downturn persists as the global economy struggles to regain lost ground. But, what is a global …
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The global economy is losing steam. After a weak start in the beginning of this year, world production accelerated … 2020 world output is expected to rise by 3.4 percent. Despite the gradual global economic slowdown, capacity utilization in …
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World economic growth is moderating accompanied by a broad-based deterioration in economic sentiment. Following a … development. We expect the global economy to expand at a rate of 3.7 percent this year, followed by 3.4 next year. This is a … to expect world production to increase by 3.4 percent. The escalation of trade conflicts, the possibility of a “hard …
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World economic growth has picked up from the sluggish pace registered at the start of the year. We expect global growth …
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report three major findings: First, since the tightening cycle will take place in the context of a robust U.S. economy, it …
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