From Crisis to Recovery - Introduction

 

The financial crisis of late 2008 was the spark for the most serious economic slowdown since World War II. The Great Recession, as some have called it, will continue to overshadow economies for years to come through legacies such as unemployment and public debt.

 

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This book is about that crisis, the subsequent downturn and the propects for strong recovery.

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Graphic from chapter 1

BORROWING TO SURVIVE - Debt as a percentage of GDP

Source: OECD Factbook 2010. StatLink http://dx.doi.org/10.1787/888932320523


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