From Crisis to Recovery - Hardcover

Paris) Brian Keeley &amp ; Patrick Love (Published By Arrangement With OECD ; Patrick Love (Published By Arrangement With Oecd ; Paris)

Hardcover

ISBN 10: 817188931X ISBN 13: 9788171889310

Publisher: Academic Foundation, 2012

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How did the sharpest global slow-down in more than six decadeshappen, and how can recovery be made sustainable? OECD Insights:From Crisis to Recovery traces the causes, course and consequencesof the "Great Recession". It explains how a global build-up ofliquidity, coupled with poor regulation, created a financial crisisthat quickly began to make itself felt in the real economy,destroying businesses and raising unemployment to its highestlevels in decades. The worst of the crisis now looks to be over,but a swift return to strong growth appears unlikely and employmentwill take several years to get back to per-crisis levels. Highlevels of public and private debt mean cutbacks and saving arelikely to become the main priority, meaning the impact of therecession will continue to be felt for years to come. This title isa part of the ongoing series 'OECD Insights' which Essentially is aseries of primers commissioned by the OECD's Public Affairs andCommunications Directorate. They draw on the Organization'sresearch and expertise to introduce and explain some of today'smost pressing social and economic issues to non-specialist readers.

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