1. G20 Report: Stimulus and Regulation Compromise Needed
- Author:
- Robin Niblett, Alexei Monsarrat, and Aola Subacchi
- Publication Date:
- 03-2009
- Content Type:
- Policy Brief
- Institution:
- Atlantic Council
- Abstract:
- What started last year as a growing international credit crunch and, by September, a global banking crisis has now spread into the real economy. International trade, investment and economic growth are all contracting. A drastic curtailment of credit, collapsing global demand and a loss of trade finance is having a devastating economic effect on both the developed and developing worlds, especially those economies that are heavily dependent on exports.
- Topic:
- Economics, Foreign Exchange, International Trade and Finance, and Financial Crisis