Recovery from the Great Recession Has Varied around the World

Maria A. Arias and Yi Wen

The Regional Economist, 2015, issue Oct

Abstract: Since 2009, percentage growth in GDP has been the highest in Asia and Africa and the lowest in Europe, followed by North America. The mediocre performance on the latter two continents could have something to do with their advanced and open financial systems, which might have made it easier for the global financial crisis to spread through them.

Date: 2015
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