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The escape from balance sheet recession and the QE trap : a hazardous road for the world economy /
This book details the hidden dangers remaining as the world slowly recovers from the balance sheet recession of 2008. Koo explains the unique political and economic pitfalls that stand in the way of recovery from this rare type of recession that was largely overlooked by economists. This text illust...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Singapore :
Wiley,
2015.
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| Temas: | |
| Acceso en línea: | Texto completo (Requiere registro previo con correo institucional) |
| Sumario: | This book details the hidden dangers remaining as the world slowly recovers from the balance sheet recession of 2008. Koo explains the unique political and economic pitfalls that stand in the way of recovery from this rare type of recession that was largely overlooked by economists. This text illustrates how history is repeating itself in Europe while the United States, which learnt from the Japanese experience, is doing better by avoiding the fiscal cliff. Because of the liberal dosage of quantitative easing already implemented, the United States, the United Kingdom, and Japan may face a treacherous path to normalcy in what Koo calls the QE trap. He argues that it is necessary to understand balance sheet recession in order to resolve the Eurozone crisis, particularly the competitiveness problems. He re-examines Japan's two decades of experiences with this rare recession and offers an insider view on the Abenomics. -- |
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| Descripción Física: | 1 online resource (351 pages) : illustrations (some color) |
| Bibliografía: | Includes bibliographical references and index. |
| ISBN: | 9781119028161 1119028167 1119028175 9781119028178 1119028124 9781119028123 |