by
Otaviano Canuto, Danny M. Leipziger
Language: English
Release Date: January 9, 2012
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'...