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The Global Economic Crisis and the Developing World: Implications and Prospects for Recovery and Growth

The Global Economic Crisis and the Developing World: Implications and Prospects for Recovery and Growth

Paperback

Series: Routledge Studies in Development Economics

Economics

ISBN10: 1138808202
ISBN13: 9781138808201
Publisher: Routledge
Published: Jul 4 2014
Pages: 392
Weight: 1.23
Height: 0.90 Width: 6.00 Depth: 8.90
Language: English

The world economy is currently in the throes of a global economic crisis reminiscent of the great depressions of the 1930s and the 1870s. As back then, the crisis has exposed the major structural imbalances in financial and credit markets in addition to global trade forcing many governments, developed and developing, to impose debilitating austerity measures that are exacerbating the structural weaknesses that caused the crisis in the first place.

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Economics