Lasting Effects: The Global Economic Recovery 10 Years After the Crisis

2019-03-13T13:38:40-04:00October 3, 2018|

By Wenjie Chen, Mico Mrkaic, and Malhar Nabar

October 3, 2018

عربي,中文, Español, Français, Baˈhasa indoneˈsia, 日本語, Português, Русский

Woman cleaning in Berlin, Germany: the 2008 global financial crisis has had long-lasting effects on economic growth (photo: Caro/Olaf Jandke/Newscom)

In the year following the 2008 financial crisis, economic activity declined in half of all countries in the world. Our analysis in Chapter 2 of the October World Economic Outlook shows that in many countries output is still well below levels that would have prevailed had output followed its precrisis trend. […]

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