Collapse and Revival

Collapse and Revival

Understanding Global Recessions and Recoveries

eBook - 2015
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The world is still recovering from the most recent global recession associated with the 2008–09 financial crisis and the possibility of another downturn persists as the global economy struggles to regain lost ground. But, what is a global recession? What is a global recovery? What really happens during these episodes? As the debates about the recent global recession and the subsequent recovery have clearly shown, our understanding of these questions has been very limited. This book tracks the global business cycle through the destruction of a global recession to the renewal of recovery, drawing on four majorepisodes in the past half century. It defines key terms, documents the main features of a global recession and recovery, and describes the events that take place around these episodes. The book also puts the latest global recession and ongoing recovery in perspective. A companion website and DVD provide several unique tools to help readers understand the basics: interactive timelines of the four episodes, videos of author interviews, several reports explaining the regional impact of the collapse, as well as coverage of the Lehman Brothers bankruptcy, and more.

For more information, watch this YouTube trailer: https://www.youtube.com/watch?v=7PC1t_0RFog



Publisher: Washington, DC :, International Monetary Fund,, [2015]
ISBN: 9781475523362
147552336X
9781484342442
9781484391730
1513570021
9781513570020
1484370414
9781484370414
Characteristics: 1 online resource (xxi, 272 pages .) : color illustrations

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