distance, trade, and finance to the US subprime mortgage and Eurozone debt crisis areas. To understand the causes of the cross … near to and far from the crisis areas. Using these calibrations, disturbances on the order of those observed during the …

During the recovery from the recent crisis, the general role of lending in economic growth, and particularly in the … analysing the recovery from the current crisis, we find that a number of factors exist that predispose to creditless recovery …. The current growth, the rate of which is lower than before the crisis, is taking place – both in the Member States of the …