It takes the average reader and 32 minutes to read The Global Economic Recovery 10 Years After the 2008 Financial Crisis by Ms.Wenjie Chen
Assuming a reading speed of 250 words per minute. Learn more
This paper takes stock of the global economic recovery a decade after the 2008 financial crisis. Output losses after the crisis appear to be persistent, irrespective of whether a country suffered a banking crisis in 2007–08. Sluggish investment was a key channel through which these losses registered, accompanied by long-lasting capital and total factor productivity shortfalls relative to precrisis trends. Policy choices preceding the crisis and in its immediate aftermath influenced postcrisis variation in output. Underscoring the importance of macroprudential policies and effective supervision, countries with greater financial vulnerabilities in the precrisis years suffered larger output losses after the crisis. Countries with stronger precrisis fiscal positions and those with more flexible exchange rate regimes experienced smaller losses. Unprecedented and exceptional policy actions taken after the crisis helped mitigate countries’ postcrisis output losses.
The Global Economic Recovery 10 Years After the 2008 Financial Crisis by Ms.Wenjie Chen is 32 pages long, and a total of 8,064 words.
This makes it 11% the length of the average book. It also has 10% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read The Global Economic Recovery 10 Years After the 2008 Financial Crisis aloud.
The Global Economic Recovery 10 Years After the 2008 Financial Crisis is suitable for students ages 8 and up.
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