Als Reaktion auf die Finanzkrise änderten viele Länder ihre Politik und die Regulierung ihres Finanzsektors. Um zu prüfen, ob diese Reformen zu einer höheren Widerstandsfähigkeit der Wirtschaft dieser Länder führten, wurden im Rahmen des World Economic Survey (WES) III/2018 die an der...

This paper aims to shed light on why the downturn in global trade during the intensification of the financial crisis in 2008Q4-2009Q1 was so severe and synchronized across the world, and also examines the subsequent recovery in global trade during 2009Q2-2010Q1. The paper finds that a structural...

This paper aims to shed light on why the downturn in global trade during the intensification of the financial crisis in 2008Q4-2009Q1 was so severe and synchronized across the world, and also examines the subsequent recovery in global trade during 2009Q2-2010Q1. The paper finds that a structural...

The paper discusses the question if the global economy already entered a phase of a global recession. This is based on the IMF definition that a global recession occurs if global real GDP growth falls below 3%. Taking actual GDP numbers for the Chinese economy published by the Conference Board...