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From Crisis to Recovery

Summary

How did the sharpest global slow-down in more than six decades happen, and how can recovery be made sustainable? OECD Insights: From Crisis to Recovery traces the causes, course and consequences of the “Great Recession”. It explains how a global build-up of liquidity, coupled with poor regulation, created a financial crisis that quickly began to make itself felt in the real economy, destroying businesses and raising unemployment to its highest levels in decades. The worst of the crisis now looks to be over, but a swift return to strong growth appears unlikely and employment will take several years to get back to per-crisis levels.

High levels of public and private debt mean cutbacks and saving are likely to become the main priority, meaning the impact of the recession will continue to be felt for years to come. This title is a part of the ongoing series ‘OECD Insights’ which Essentially is a series of primers commissioned by the OECD’s Public Affairs and Communications Directorate. They draw on the Organization’s research and expertise to introduce and explain some of today’s most pressing social and economic issues to non-specialist readers.


Author: Brian Keeley And Patrick Love
Year: 2012
Price: Rs. 495
Binding: Hardcover
Pages: 144
Dimensions: 8.5 in x 5.5 in
Publisher: Academic Foundation
ISBN 13: 9788171889310

Category:
Author Information & Reviews Economics


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