From Crisis to Recovery

The Causes, Course and Consequences of the Great Recession

Brian Keeley and Patrick Love

From Crisis to Recovery: The Causes, Course and Consequences of the Great Recession, by Brian Keeley and Patrick Love, examines the causes, development, and consequences of the global economic crisis known as the Great Recession.

The book explores how the sharpest global economic slowdown in more than six decades occurred and considers the challenges involved in achieving a sustainable recovery.

It explains how a global build-up of liquidity, combined with inadequate financial regulation, contributed to a financial crisis that rapidly spread into the real economy, leading to business failures and unemployment reaching its highest levels in decades.

The book discusses the difficulties of returning to strong economic growth following the crisis. It highlights how employment recovery could take several years, while high levels of public and private debt create additional economic pressures.

It also examines how spending reductions and increased saving may become major priorities, extending the economic effects of the recession over several years.

Part of the OECD Insights series, the book draws on research and expertise from the Organisation for Economic Co-operation and Development (OECD) to explain important social and economic issues to non-specialist readers.

Key Features

• Examines the causes, course, and consequences of the Great Recession.

• Explores the factors behind the sharp global economic slowdown.

• Discusses the role of excessive liquidity and inadequate financial regulation in the financial crisis.

• Explains how the financial crisis affected businesses, employment, and the wider economy.

• Highlights the challenges of achieving sustainable economic recovery.

• Examines the effects of high public and private debt.

• Discusses the economic implications of spending reductions and increased saving.

• Explores the long-term impact of the recession on economic growth and employment.

• Part of the OECD Insights series, designed to explain major social and economic issues to non-specialist readers.

Product Details

• Authors: Brian Keeley and Patrick Love

• Publisher: Academic Foundation

• Publication Date: 1 January 2012

• Language: English

• Format: Hardcover

• Pages: 144

• ISBN-10: 817188931X

• ISBN-13: 9788171889310

• Item Weight: 307 g

• Country of Origin: India

• Amazon Listed Price: ₹495.00