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The dramatic collapse in world trade in 2009 is, this report shows, mainly due to: the drop in demand for highly traded products; the drying up of trade finance; and the vertically integrated nature of global supply chains. Contrary to expectations, protectionist measures were relatively muted and...
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zusammenbrach, war dies der Tiefpunkt der Banken- und Finanzkrise. Und obwohl der totale Kollaps der Weltwirtschaft damals … verhindert wurde, ist die Finanzkrise noch lange nicht Geschichte, wie der britische Historiker Adam Tooze zeigt. Er schildert … Finanzkrise die Stabilität Europas ins Wanken geraten, sie hat auch das Vertrauen in die Kraft der globalen Wirtschaftsordnung …
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The ongoing novel coronavirus (COVID-19) pandemic poses an unprecedented challenge to public health on a global scale. As governments are scrambling to safeguard peoples’ health, the contagion has fast extended to the economic sphere, creating an international economic crisis, unique in the...
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Chapter 1. Introduction -- Chapter 2. Evidence of six crises -- Chapter 3. Globalization, national economies, and global crises -- Chapter 4. Conceptual issues — Depressions, recessions, crisis cycles, business cycles -- Chapter 5. A world economy -- Chapter 6. Why do crises occur? Causal...
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