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the world experienced in 2008–09, is the deepest global economic contraction since the Great Depression. But as real …
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This paper examines three areas in which analogies have been made between the interwar depression and the financial crisis of 2007 which reached a dramatic climax in September 2008 with the collapse of Lehman Brothers and the rescue of AIG: they can be labeled macro-economic, micro-economic, and...
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A recent paper has highlighted some close correspondences between economic performance during the present world … recession and that during the early months of the great depression that began in late 1929. World industrial production from … world trade volumes have fallen more rapidly than in the comparable period. These comparisons lead Eichengreen and O …
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This paper examines three areas in which analogies have been made between the interwar depression and the financial crisis of 2007 which reached a dramatic climax in September 2008 with the collapse of Lehman Brothers and the rescue of AIG: they can be labeled macro-economic, micro-economic, and...
Persistent link: https://www.econbiz.de/10013149822
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