Recessions and financial disruptions in emerging markets: a bird's eye view
The global financial crisis of 2008–09 led to massive interruptions in cross-border financial and trade flows. As a result of the crisis virtually all of the advanced economies and many emerging market countries experienced recessions over the past two years. These recessions coincided with various...
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Banco Central de Chile
2019
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oai-20.500.12580-38782021-04-24T11:15:30Z Recessions and financial disruptions in emerging markets: a bird's eye view Claessens, Stijn Kose M., Ayhan Terrones, Marco E. CRISIS FINANCIERA CRISIS ECONÓMICA 2008 RECESIONES The global financial crisis of 2008–09 led to massive interruptions in cross-border financial and trade flows. As a result of the crisis virtually all of the advanced economies and many emerging market countries experienced recessions over the past two years. These recessions coincided with various forms of financial disruptions such as severe contractions in the supply of credit and sharp declines in asset prices. Understanding the linkages between recessions and periods of financial disruptions has become a new challenge for macroeconomic research. 2019-11-01T00:05:15Z 2019-11-01T00:05:15Z 2011 Artículo 978-956-7421-35-0 https://hdl.handle.net/20.500.12580/3878 eng Series on Central Banking Analysis and Economic Policies no. 16 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 59-104 application/pdf Banco Central de Chile |
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Banco Mundial |
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CRISIS FINANCIERA CRISIS ECONÓMICA 2008 RECESIONES |
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CRISIS FINANCIERA CRISIS ECONÓMICA 2008 RECESIONES Claessens, Stijn Kose M., Ayhan Terrones, Marco E. Recessions and financial disruptions in emerging markets: a bird's eye view |
description |
The global financial crisis of 2008–09 led to massive interruptions in cross-border financial and trade flows. As a result of the crisis virtually all of the advanced economies and many emerging market countries experienced recessions over the past two years. These recessions coincided with various forms of financial disruptions such as severe contractions in the supply of credit and sharp declines in asset prices. Understanding the linkages between recessions and periods of financial disruptions has become a new challenge for macroeconomic research. |
format |
Artículo |
author |
Claessens, Stijn Kose M., Ayhan Terrones, Marco E. |
author_facet |
Claessens, Stijn Kose M., Ayhan Terrones, Marco E. |
author_sort |
Claessens, Stijn |
title |
Recessions and financial disruptions in emerging markets: a bird's eye view |
title_short |
Recessions and financial disruptions in emerging markets: a bird's eye view |
title_full |
Recessions and financial disruptions in emerging markets: a bird's eye view |
title_fullStr |
Recessions and financial disruptions in emerging markets: a bird's eye view |
title_full_unstemmed |
Recessions and financial disruptions in emerging markets: a bird's eye view |
title_sort |
recessions and financial disruptions in emerging markets: a bird's eye view |
publisher |
Banco Central de Chile |
publishDate |
2019 |
url |
https://hdl.handle.net/20.500.12580/3878 |
work_keys_str_mv |
AT claessensstijn recessionsandfinancialdisruptionsinemergingmarketsabirdseyeview AT kosemayhan recessionsandfinancialdisruptionsinemergingmarketsabirdseyeview AT terronesmarcoe recessionsandfinancialdisruptionsinemergingmarketsabirdseyeview |
_version_ |
1718347103897387008 |