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Considering the deep and long-lasting impact of severe recessions, such as the 2008-09 financial crisis, it is … entail. Insofar as the risk-mitigating measures can involve a trade-off between growth and crisis risk, the most cost … on average GDP growth on the one hand, and either crisis risks or GDP growth at the (negative) tail end, on the other …
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Key Features:The book has a strong focus on economic/financial crises and the Singapore approach to crisis management …-chairman of NWC) wrote on the National Wages Council (a key institution in crisis management), and Prof Chew Soon Beng (renowned …Intro -- CONTENTS -- FOREWORD -- CONTRIBUTORS -- PART 1 ECONOMIC CRISIS MANAGEMENT -- Chapter 1 THE NATIONAL WAGES …
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