Grossman, Richard S.; Meissner, Christopher M. - In: Oxford Review of Economic Policy 26 (2010) 3, pp. 318-338
We focus on two international aspects of the Great Depression--financial crises and international trade--and try to discern lessons for the current economic crisis. Both downturns featured global banking crises which were generated by boom--slump macroeconomic cycles. During both crises, world...