LEADER 02907nam 2200613Ia 450 001 9910825900403321 005 20200520144314.0 010 $a1-4623-4366-X 010 $a9786612843013 010 $a1-282-84301-X 010 $a1-4518-7227-5 010 $a1-4519-8525-8 035 $a(CKB)3170000000055221 035 $a(EBL)1605893 035 $a(SSID)ssj0000943302 035 $a(PQKBManifestationID)11505593 035 $a(PQKBTitleCode)TC0000943302 035 $a(PQKBWorkID)10975391 035 $a(PQKB)11678101 035 $a(OCoLC)586153803 035 $a(MiAaPQ)EBC1605893 035 $a(IMF)WPIEE2009080 035 $a(EXLCZ)993170000000055221 100 $a20041202d2009 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe crisis $easic mechanisms and appropriate policies /$fprepared by Olivier Blanchard 205 $a1st ed. 210 $a[Washington D.C.] $cInternational Monetary Fund$d2009 215 $a1 online resource (24 p.) 225 1 $aIMF working paper ;$vWP/09/80 300 $aDescription based upon print version of record. 311 $a1-4519-1662-0 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; Figures; 1. Initial Subprime Losses and Declines in World GDP and World Stock Market Capitalization; II. Initial Conditions; 2. A Visual Sense of the Complexity: From Mortgages to Securities; 3. Connectedness Across Countries: Advanced Economies Banks' Claims on the Rest of the World; III. Amplification Mechanisms; IV. Dynamics in Real Time; 4. Contagion Across Assets, Institutions, and Countries; 5. Counterparty Risk in the Advanced Economies; 6. Bank Lending Standards in the U.S. and the Euro Area; 7. Emerging Market Sovereign Spreads; 8a. Decrease in Stock Prices 327 $a8b. Decrease in Business and Consumer ConfidenceV. Policies for the Short Run; 9. Growth Forecasts for 2009.; 10. Counterparty Risk Since September 2008; 11. Emerging Market Sovereign Spreads Since September 2008; VI. Policies to Avoid a Repeat; VII. Conclusions; References 330 3 $aThe purpose of this lecture is to look beyond the complex events that characterize the global financial and economic crisis, identify the basic mechanisms, and infer the policies needed to resolve the current crisis, as well as the policies needed to reduce the probability of similar events in the future. 410 0$aIMF working paper ;$vWP/09/80. 606 $aEconomic stabilization 606 $aEconomic indicators 615 0$aEconomic stabilization. 615 0$aEconomic indicators. 676 $a338.12516 700 $aBlanchard$b Olivier$0133011 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910825900403321 996 $aThe Crisis$94120433 997 $aUNINA