Shock Producers and Shock Absorbers in the Crisis

Hans-Werner Sinn

Munich Reprints in Economics from University of Munich, Department of Economics

Abstract: It is not surprising that the U.S. has been by far the world???s largest shock producer in this crisis. The big shock absorbers on the other hand were Japan, Russia and Germany, whose exports shrank more than their imports.

Date: 2009
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Published in Development outreach 11(2009): pp. 13-15

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Persistent link: https://EconPapers.repec.org/RePEc:lmu:muenar:19634

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