Duman, Alper; Heise, Arne - Fachbereich Sozialökonomie, Universität Hamburg - 2009
The world is experiencing its worst recession in 80 years. What started as US sub-prime financial turmoil has developed into the first global recession since the infamous 'Great Depression' of the early 1930s. However gloomy the perspectives for the very short term are, there will be a recovery...