Ascent after Decline: Regrowing Global Economies after the Great Recession

Business & Finance, Economics, Public Finance, Economic Conditions, Macroeconomics
Cover of the book Ascent after Decline: Regrowing Global Economies after the Great Recession by Otaviano Canuto, Danny M. Leipziger, World Bank Publications
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Otaviano Canuto, Danny M. Leipziger ISBN: 9780821389430
Publisher: World Bank Publications Publication: January 9, 2012
Imprint: Language: English
Author: Otaviano Canuto, Danny M. Leipziger
ISBN: 9780821389430
Publisher: World Bank Publications
Publication: January 9, 2012
Imprint:
Language: English
The Great Recession of 2009-11 was not simply a severe business cycle slowdown or even a combined credit, housing, and asset market collapse. It left permanent scars, especially on the advanced economies. In its wake, policy makers must navigate uncharted economic territory where 'business as usual' no longer applies and deep structural changes mark the global economic landscape. Fundamental questions about the daunting task of 'regrowing growth' have now taken center stage for economists, politicians, and policy makers alike: Will international capital flows be encouraged or discouraged? How open will export markets be, given the structural changes and their implications for employment? How much reliance will there be on market solutions when governments--now overly indebted and wary of additional relief expenditures--are expected to deliver on the promise of economic growth? Without a resurrection of strong economic growth in major economies, the likelihood of rapid economic development in poor developing countries is dampened. The nature of that ascent is the subject of this volume. In Ascent after Decline, more than a dozen distinguished contributors scan the economic horizon, spell out the new fiscal reality, and highlight the policy choices on which economic regrowth will depend. If the Great Recession has taught one lesson, it is that when fundamental shifts occur, the outcomes will entail new elements that shape future directions and affect policy. How these pressing policy questions are answered will, in large measure, determine the future face of globalization.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
The Great Recession of 2009-11 was not simply a severe business cycle slowdown or even a combined credit, housing, and asset market collapse. It left permanent scars, especially on the advanced economies. In its wake, policy makers must navigate uncharted economic territory where 'business as usual' no longer applies and deep structural changes mark the global economic landscape. Fundamental questions about the daunting task of 'regrowing growth' have now taken center stage for economists, politicians, and policy makers alike: Will international capital flows be encouraged or discouraged? How open will export markets be, given the structural changes and their implications for employment? How much reliance will there be on market solutions when governments--now overly indebted and wary of additional relief expenditures--are expected to deliver on the promise of economic growth? Without a resurrection of strong economic growth in major economies, the likelihood of rapid economic development in poor developing countries is dampened. The nature of that ascent is the subject of this volume. In Ascent after Decline, more than a dozen distinguished contributors scan the economic horizon, spell out the new fiscal reality, and highlight the policy choices on which economic regrowth will depend. If the Great Recession has taught one lesson, it is that when fundamental shifts occur, the outcomes will entail new elements that shape future directions and affect policy. How these pressing policy questions are answered will, in large measure, determine the future face of globalization.

More books from World Bank Publications

Cover of the book Deliberation and Development by Otaviano Canuto, Danny M. Leipziger
Cover of the book The State of Social Safety Nets 2018 by Otaviano Canuto, Danny M. Leipziger
Cover of the book Shared Prosperity by Otaviano Canuto, Danny M. Leipziger
Cover of the book Some Small Countries Do It Better: Rapid Growth and Its Causes in Singapore, Finland, and Ireland by Otaviano Canuto, Danny M. Leipziger
Cover of the book Disease Control Priorities, Third Edition (Volume 5) by Otaviano Canuto, Danny M. Leipziger
Cover of the book From Right to Reality: Incentives, Labor Markets, and the Challenge of Universal Social Protection in Latin America and the Caribbean by Otaviano Canuto, Danny M. Leipziger
Cover of the book Simulating Distributional Impacts of Macro-dynamics by Otaviano Canuto, Danny M. Leipziger
Cover of the book Societal Dynamics and Fragility by Otaviano Canuto, Danny M. Leipziger
Cover of the book Fail-Safe Management by Otaviano Canuto, Danny M. Leipziger
Cover of the book Oil, Gas, and Mining by Otaviano Canuto, Danny M. Leipziger
Cover of the book Global Monitoring Report 2015/2016 by Otaviano Canuto, Danny M. Leipziger
Cover of the book The Little Data Book 2013 by Otaviano Canuto, Danny M. Leipziger
Cover of the book Climate Change, Disaster Risk, and the Urban Poor: Cities Building Resilience for a Changing World by Otaviano Canuto, Danny M. Leipziger
Cover of the book Inclusive Green Growth: The Pathway to Sustainable Development by Otaviano Canuto, Danny M. Leipziger
Cover of the book Global Financial Development Report 2015/2016 by Otaviano Canuto, Danny M. Leipziger
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy