Author (Person) | Steinberg, Federico |
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Publisher | Elcano Royal Institute / FundaciĆ³n Real Instituto Elcano |
Series Title | Analyses of the Elcano Royal Institute (ARI) |
Series Details | No.124 |
Publication Date | 21/09/2011 |
Content Type | Journal | Series | Blog |
In order to understand the turbulence that has rocked the international economy since August 2011, it is necessary to re-diagnose the crisis. It explains that the economic growth posted by most advanced countries (excluding Spain) in the wake of the recession of 2008-2010 was in part just a mirage, fuelled by government stimulus measures that are difficult to maintain. The paper also examines the limited economic policy options that governments have. |
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Source Link | Link to Main Source http://www.realinstitutoelcano.org/wps/portal/web/rielcano_en/contenido?WCM_GLOBAL_CONTEXT=/elcano/elcano_in/zonas_in/ARI124-2011#.U9oR40CinFw |
Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe, United States |