Description |
1 online resource (144 pages) : color illustrations |
Series |
OECD insights, 1993-6753 |
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OECD insights.
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Contents |
The roots of a crisis -- Routes, reach, responses -- The impacts on jobs -- Pensions and the crisis -- New world, new rules? -- The future : five questions |
Summary |
How did the sharpest global slowdown in more than six decades happen, and how can recovery be made sustainable? This publication traces the causes, course and consequences of the "Great Recession". It explains how a global buildup 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. 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.--Publisher's description |
Bibliography |
Includes bibliographical references (pages 129-144) |
Notes |
Print version record |
Subject |
Economic history -- 1990-
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Financial crises.
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Global Financial Crisis, 2008-2009.
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Recessions.
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Form |
Electronic book
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Author |
Love, Patrick, 1955-
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Organisation for Economic Co-operation and Development.
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ISBN |
9264077073 (online) |
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9264107150 |
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9789264077072 (online) |
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9789264107151 |
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(print) |
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(print) |
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