Apocalypse Then: The Evolution of the North Atlantic Economy and the Global Crisis
The financial crisis that struck the global economy in late 2008 had its origins in excesses in the US housing market. Its reverberations, however, were felt around the world and nowhere more keenly than in Western Europe. Indeed, in many ways they are still being felt as problems in the periphery o...
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| Format: | Text |
| Language: | English |
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| Online Access: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.411.1558 http://www.rba.gov.au/publications/confs/2011/pdf/bayoumi-bui.pdf |
| Summary: | The financial crisis that struck the global economy in late 2008 had its origins in excesses in the US housing market. Its reverberations, however, were felt around the world and nowhere more keenly than in Western Europe. Indeed, in many ways they are still being felt as problems in the periphery of the euro area continue to mire Western Europe in financial volatility. This paper |
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