The Disappointing Recovery

The Disappointing Recovery
Author: United States. Congressional Budget Office
Publisher:
Total Pages: 52
Release: 1977
Genre: United States
ISBN:

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The Disappointing Recovery

The Disappointing Recovery
Author: United States. Congressional Budget Office
Publisher:
Total Pages: 30
Release: 1976
Genre: United States
ISBN:

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The Disappointing Recovery of Output After 2009

The Disappointing Recovery of Output After 2009
Author: John G. Fernald
Publisher:
Total Pages: 61
Release: 2017
Genre: Financial crises
ISBN:

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U.S. output has expanded only slowly since the recession trough in 2009, even though the unemployment rate has essentially returned to a pre-crisis, normal level. We use a growth-accounting decomposition to explore explanations for the output shortfall, giving full treatment to cyclical effects that, given the depth of the recession, should have implied unusually fast growth. We find that the growth shortfall has almost entirely reflected two factors: the slow growth of total factor productivity, and the decline in labor force participation. Both factors reflect powerful adverse forces that are largely unrelated to the financial crisis and recession-and that were in play before the recession.

A Decade after the Global Recession

A Decade after the Global Recession
Author: M. Ayhan Kose
Publisher: World Bank Publications
Total Pages: 475
Release: 2021-03-19
Genre: Business & Economics
ISBN: 1464815283

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This year marks the tenth anniversary of the 2009 global recession. Most emerging market and developing economies weathered the global recession relatively well, in part by using the sizable fiscal and monetary policy ammunition accumulated during prior years of strong growth. However, their growth prospects have weakened since then, and many now have less policy space. This study provides the first comprehensive stocktaking of the past decade from the perspective of emerging market and developing economies. Many of these economies have now become more vulnerable to economic shocks. The study discusses lessons from the global recession and policy options for these economies to strengthen growth and prepare for the possibility of another global downturn.

Hysteresis and Business Cycles

Hysteresis and Business Cycles
Author: Ms.Valerie Cerra
Publisher: International Monetary Fund
Total Pages: 50
Release: 2020-05-29
Genre: Business & Economics
ISBN: 1513536990

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Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.

International Macroeconomics in the Wake of the Global Financial Crisis

International Macroeconomics in the Wake of the Global Financial Crisis
Author: Laurent Ferrara
Publisher: Springer
Total Pages: 300
Release: 2018-06-13
Genre: Business & Economics
ISBN: 3319790757

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This book collects selected articles addressing several currently debated issues in the field of international macroeconomics. They focus on the role of the central banks in the debate on how to come to terms with the long-term decline in productivity growth, insufficient aggregate demand, high economic uncertainty and growing inequalities following the global financial crisis. Central banks are of considerable importance in this debate since understanding the sluggishness of the recovery process as well as its implications for the natural interest rate are key to assessing output gaps and the monetary policy stance. The authors argue that a more dynamic domestic and external aggregate demand helps to raise the inflation rate, easing the constraint deriving from the zero lower bound and allowing monetary policy to depart from its current ultra-accommodative position. Beyond macroeconomic factors, the book also discusses a supportive financial environment as a precondition for the rebound of global economic activity, stressing that understanding capital flows is a prerequisite for economic-policy decisions.

Healing Invisible Wounds

Healing Invisible Wounds
Author: Richard F. Mollica
Publisher: Vanderbilt University Press
Total Pages: 290
Release: 2009
Genre: Language Arts & Disciplines
ISBN: 0826516416

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In these personal reflections on his thirty years of clinical work with victims of genocide, torture, and abuse in the United States, Cambodia, Bosnia, and other parts of the world, Richard Mollica describes the surprising capacity of traumatized people to heal themselves. Here is how Neil Boothby, Director of the Program on Forced Migration and Health at the Mailman School of Public Health, Columbia University, describes the book: "Mollica provides a wealth of ethnographic and clinical evidence that suggests the human capacity to heal is innate--that the 'survival instinct' extends beyond the physical to include the psychological as well. He enables us to see how recovery from 'traumatic life events' needs to be viewed primarily as a 'mystery' to be listened to and explored, rather than solely as a 'problem' to be identified and solved. Healing involves a quest for meaning--with all of its emotional, cultural, religious, spiritual and existential attendants--even when bio-chemical reactions are also operative." Healing Invisible Wounds reveals how trauma survivors, through the telling of their stories, teach all of us how to deal with the tragic events of everyday life. Mollica's important discovery that humiliation--an instrument of violence that also leads to anger and despair--can be transformed through his therapeutic project into solace and redemption is a remarkable new contribution to survivors and clinicians. This book reveals how in every society we have to move away from viewing trauma survivors as "broken people" and "outcasts" to seeing them as courageous people actively contributing to larger social goals. When violence occurs, there is damage not only to individuals but to entire societies, and to the world. Through the journey of self-healing that survivors make, they enable the rest of us not only as individuals but as entire communities to recover from injury in a violent world.

Midlife Eating Disorders

Midlife Eating Disorders
Author: Cynthia M. Bulik
Publisher: Bloomsbury Publishing USA
Total Pages: 354
Release: 2013-03-12
Genre: Health & Fitness
ISBN: 080271269X

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Explores the nature of midlife eating disorders, looking at why they develop, how their unique challenges set them apart from those that occur earlier in life, and the path to recovery.

America's New Beginning

America's New Beginning
Author: United States. President (1981-1989 : Reagan)
Publisher:
Total Pages: 304
Release: 1981
Genre: Budget
ISBN:

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Brookings Papers on Economic Activity: Spring 2017

Brookings Papers on Economic Activity: Spring 2017
Author: Janice Eberly
Publisher: Brookings Institution Press
Total Pages: 484
Release: 2017-10-10
Genre: Business & Economics
ISBN: 081573252X

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Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.