The world economy remains on life support, largely provided by accommodative central banks.
A fragile and fickle recovery
Eswar Prasad, Karim Foda, 23 April 2012
A silver lining lurks behind the dark clouds: Snapshot from the Brookings-FT TIGER
Eswar Prasad, Karim Foda, 8 June 2010
The world economy took a pounding during the financial crisis but seemed to be getting back on its feet over the last year (IMF 2010). Now the Greek debt crisis has rocked it back on its heels. Despite all the portents of doom, however, the world economy has in fact been quietly mending itself.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
Cadot, de Melo, 16 June 2014