The period from 2007 until today has been characterized by two extreme events: a) an economic crisis of global extent and reach; and b) rapid and powerful reactions by individual countries and regions of the world in response to those disturbances, keeping in mind the consequences of the...

In terms of its effects so far the global economic crisis is stronger and deeper than the economic disturbances at the time of the Great Depression. Additionally, it takes place under the conditions of a much higher level of connection and complexity of interrelations compared to the events in...