Crisis watch

Ford, Jonathan
July 2010
Prospect;Jul2010, Issue 172, p14
The article offers the author's insights on the importance of the collaboration between governments and major financial institutions in addressing financial crises and recessions. He tackles how bailouts in financial institutions such as in the U.S. alleviated the global recession and worsened job losses. He also emphasizes the importance of financial sectors in the recovery of the world economy.


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