THE FOUR YEARS AGO OF WORLD CRISIS, THE DARK CLOUDS ARE STILL THERE
At the end of the third quarter of 2012, the global economic situation remains a challenge, with increased risk of a severe recession. Four major weaknesses of the global economy continue to plot against a robust economic recovery in developed economies, creating a vicious circle: i) The deleveragin...
| Autor: | |
|---|---|
| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2012 |
| País: | Perú |
| Institución: | Universidad Nacional Mayor de San Marcos |
| Repositorio: | Revistas - Universidad Nacional Mayor de San Marcos |
| Idioma: | español |
| OAI Identifier: | oai:revistasinvestigacion.unmsm.edu.pe:article/4139 |
| Acceso en línea: | https://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/4139 |
| Access Level: | acceso abierto |
| Palabra clave: | Crisis financiera crisis económica desempleo y austeridad fiscal. |
| Sumario: | At the end of the third quarter of 2012, the global economic situation remains a challenge, with increased risk of a severe recession. Four major weaknesses of the global economy continue to plot against a robust economic recovery in developed economies, creating a vicious circle: i) The deleveraging of banks, companies and households continue to constrain normal credit flows and consumption as well as investment demand; ii) Unemployment remains high, a condition that is both cause and effect in the prevention of economic recovery; iii) fiscal austerity responses to growing sovereign debt discourage economic growth and a return to debt sustainability of all, making everything more difficult, and iv) The banks exposures and sovereign debt perpetuate the fragility of the financial sector, and reinforce the continued deleveraging. |
|---|