THE CRISIS. EMPLOYMENT AND TRADE OUTLOOK
DOI:
https://doi.org/10.15381/quipu.v20i37.4131Keywords:
Crisis mundia, empleo, comercio, crecimiento económico.Abstract
In mid 2012, the developed economies are on the brink of a downward spiral driven by four mutually reinforcing factors: a sovereign debt crisis, a fragile banking industry, weak aggregate demand (associated with high unemployment), and paralytic policy frameworks caused by political and institutional weaknesses. These weaknesses are already a fact; however, a further deterioration in any of the m could trigger a vicious cycle leading to sever financial turmoil and a deepening economic crisis. This could also seriously affect emerging and other developing countries through trade and financial channels.
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Copyright (c) 2012 Beatriz Herrera García
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