Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

You Are Here: Home » Government Documents » IMF: Apocalypse Then: The Evolution of the North Atlantic Economy and the Global Crisis

IMF: Apocalypse Then: The Evolution of the North Atlantic Economy and the Global Crisis

by on

Apocalypse Then: The Evolution of the North Atlantic Economy and the Global Crisis. Tamim Bayoumi and Trung Bui. September 01, 2011

  • “The financial crisis, originated from the collapse of US housing markets in 2008, reverberates around the world. Its destructive force was felt nowhere more keenly than Western Europe. Indeed, it continues to mire in financial volatility as the debt problem contagiously spreads around the periphery Euro area. Taking a wider historical view of the evolution over the recent decades of the North Atlantic economy, comprising North America and Western Europe, we argue that while trade links were in relative stasis, the increasing and uniquely-close Transatlantic financial relationship was a crucial conduit in transmitting US shocks into global ones.”
    • LinkedIn

    Sorry, comments are closed for this post.