martedì 9 marzo 2010

Crisi economiche a confronto


Aggiornamento del famoso articolo di Barry Eichengreen e Kevin O’Rourke: confronto tra l'attuale crisi economica globale e la "grande depressione" successiva alla crisi finanziaria del 1929
Le conclusioni:
"To summarise: the world is currently undergoing an economic shock every bit as big as the Great Depression shock of 1929-30. Looking just at the US leads one to overlook how alarming the current situation is even in comparison with 1929-30.
The good news, of course, is that the policy response is very different. The question now is whether that policy response will work. For the answer, stay tuned for our next column."

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