Book contents
- Economic Policy in the 21st Century
- Economic Policy in the 21st Century
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Boxes
- Abbreviations
- Introduction
- 1 The Great Recession and the Pandemic
- 2 Stagnation
- 3 Efficiency, Poverty and Inequalities
- 4 Globalisation
- 5 Pulling the Strings of Our Arguments
- Conclusions
- Glossary
- References
- Index
- Author Index
1 - The Great Recession and the Pandemic
Published online by Cambridge University Press: 27 October 2022
Book contents
- Economic Policy in the 21st Century
- Economic Policy in the 21st Century
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Boxes
- Abbreviations
- Introduction
- 1 The Great Recession and the Pandemic
- 2 Stagnation
- 3 Efficiency, Poverty and Inequalities
- 4 Globalisation
- 5 Pulling the Strings of Our Arguments
- Conclusions
- Glossary
- References
- Index
- Author Index
Summary
The financial crisis had disruptive economic effects not only in the USA and other countries, but also – and mainly – in the EU, where the GDP and employment decreased to a large extent. In the EU it caused also a crisis of public finances in peripheral countries, since the governments of these countries had to intervene to save their ailing banking sector.
- Type
- Chapter
- Information
- Economic Policy in the 21st CenturyThe Four Great Challenges, pp. 7 - 75Publisher: Cambridge University PressPrint publication year: 2022