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    Collapse and revival : understanding global recessions and recoveries / M. Ayhan Kose, Marco E. Terrones.

    By: Kose, M. Ayhan [author.]Contributor(s): Terrones, Marco [author.] | International Monetary FundMaterial type: TextTextPublisher: Washington, DC : International Monetary Fund, [2015]Copyright date: ©2015Description: xxi, 272 pages . : color illustrations, charts ; 26 cm + 1 DVD-ROM (4 3/4 in.)Content type: text | computer program Media type: unmediated | computer Carrier type: volume | computer discISBN: 9781484370414; 1484370414; 9781513570020; 1513570021Subject(s): Financial crises | Recessions | Business cycles | Global Financial Crisis, 2008-2009 | Global Financial Crisis (2008-2009) | Business cycles | Financial crises | Recessions | Finanskriser | Konjunkturer | Finanskrisen 2008-2009 | 2008-2009DDC classification: 338.5/42 LOC classification: HB3722 | .K67 2015
    Contents:
    Overview -- Global cycles: toward a better understanding -- Tools of the trade -- Dates and events: what happened when? -- Global recessions: sad stories of collapse -- Global recoveries: tales of revival -- Synchronization of recessions -- Double whammy: crisis and recession -- Uncertainty: how bad is it? -- The great divergence of policies -- A complex affair: global and national cycles -- Lessons: past, present, and future.
    Summary: "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 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 major episodes in the past half century. It defines key terms, documents the main features of a global recession and recovery, and describes 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."--Provided by publisher.
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    DVD-ROM includes video interviews with the authors, detailed analysis of the impact of the crises in various geographic regions, media coverage and analysis of the global financial crisis sparked by the collapse of U.S. investment bank Lehman Brothers, and interactive timelines.

    Includes bibliographical references (pages 233-260) and index.

    Overview -- Global cycles: toward a better understanding -- Tools of the trade -- Dates and events: what happened when? -- Global recessions: sad stories of collapse -- Global recoveries: tales of revival -- Synchronization of recessions -- Double whammy: crisis and recession -- Uncertainty: how bad is it? -- The great divergence of policies -- A complex affair: global and national cycles -- Lessons: past, present, and future.

    "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 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 major episodes in the past half century. It defines key terms, documents the main features of a global recession and recovery, and describes 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."--Provided by publisher.

    System requirements for accompanying material: DVD-R (recordable DVD); may fail to play in some equipment.

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