Considering the deep and long-lasting impact of severe recessions, such as the 2008-09 financial crisis, it is important that measures be taken to minimise the risk of such event. But in doing so the benefits need to be balanced against the potential costs in terms of lower average growth that...

Key Features:The book has a strong focus on economic/financial crises and the Singapore approach to crisis management, which is different from the standard policy toolsWe have authoritative authors writing several key chapters. Mr Lam Chuan Leong (Chairman of the Competition Commission of...

After its launching in 1999 and rather successful decade-long performance, the euro-zone entered in 2010 into its first and extremely profound crisis. The crisis has been dragging on for almost four years and there isstill a lot of work to be done in order to reach a comprehensive and...