Global Recessions

Global Recessions
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全球经济衰退

DOI:
10.2139/ssrn.3535972
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发表时间:
2020
期刊:
ERN: Other Development Economics: Macroeconomic Issues in Developing Economies (Topic)
影响因子:
--
通讯作者:
D. Bazin
D. Bazin
中科院分区:
--
文献类型:
--
作者:
Emna Omri;Nouri Chtourou;D. Bazin

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过去七十年中,世界经济经历了四次全球衰退:1975年、1982年、1991年和2009年。在每一次衰退中,全球人均实际GDP均出现收缩,而且伴随着全球经济活动其他关键指标的减弱。全球经济衰退在国际上高度同步,世界许多国家的经济和金融受到严重破坏。 2009年由全球金融危机引发的全球衰退是迄今为止四次衰退中最严重、最同步的一次。作为危机的震中,发达经济体首当其冲受到经济衰退的影响。随后的经济扩张是发达经济体战后时期最弱的一次,因为许多经济体一直在努力克服危机的影响。相比之下,大多数新兴市场和发展中经济体相对较好地度过了2009年的全球衰退,并且比之前的全球衰退后实现了更强劲的复苏。
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009. During each of these episodes, annual real per capita global GDP contracted, and this contraction was accompanied by weakening of other key indicators of global economic activity. The global recessions were highly synchronized internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off by the global financial crisis, was by far the deepest and most synchronized of the four recessions. As the epicenter of the crisis, advanced economies felt the brunt of the recession. The subsequent expansion has been the weakest in the post-war period in advanced economies as many of them have struggled to overcome the legacies of the crisis. In contrast, most emerging market and developing economies weathered the 2009 global recession relatively well and delivered a stronger recovery than after previous global recessions.