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The US economy accounts for ¼ of the world's GDP. The dream development of USA was busted when the world major … intoxication of opium of globalization. They had forgotten the economic history. But history repeats itself. India by the end of … 2008 saw herself in front of the world recession. All that state would do was either wrong nor all that market would was …
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This paper investigates the impact of infectious diseases on the evolution of sovereign credit default swap (CDS) spreads for a panel of 77 advanced and developing countries. Using annual data over the 2004-2020 period, we find that infectious-disease outbreaks have no discernible effect on CDS...
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Chapter 1. Introduction -- Chapter 2. Evidence of six crises -- Chapter 3. Globalization, national economies, and … global crises -- Chapter 4. Conceptual issues — Depressions, recessions, crisis cycles, business cycles -- Chapter 5. A world … the world economy that have occurred from the 1970s to the present day. It makes the specific case that the global economy …
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We estimate a three-variate VAR using proxies of global financial uncertainty, the global financial cycle, and world … outbreak. We predict the cumulative loss in world output one year after the uncertainty shock due to Covid-19 to be about 14%. …
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Chapter 1. Introduction -- Chapter 2. World Trade Development -- Chapter 3. Development of the World Trade in the …This book examines the development of world trade during the COVID-19 pandemic, also taking international trade between … particular, as well as professionals and international trade companies interested in a better understanding of world trade …
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