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By Christopher Pissarides,Edmund S. Phelps,Jean-Paul Fitoussi

The 2007-2009 trouble has been christened "financial" simply because itsmost amazing beneficial properties did appear within the monetary zone. however the situation is a main issue as a result of its results at the actual financial system: the autumn of GDP, the increase of unemployment and the human misery because of the lack of source of revenue and jobs. certainly if it weren't for those painful results, why should still we care? this document through a gaggle of economists issues the best way out of the worldwide fiscal concern. Its fundamental concentration is at the constructed countries,mainly Europe and the us. It develops its recommendations partly via an in-depth research of the explanations of the situation. the collection jointly of a small team of economists of other nations, assorted stories, or even various doctrinal orientation, permits us to supply either a coherent research and a suite of innovations and the skills and intensity supplied by way of the range of perspectives. the document is split in 4 components dealing respectively with the factors of the hindrance, its anatomy the world over, the regulations apt to wrestle its results and to restore development and final with the actual difficulties of the Italian economy.

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After the Crisis by Christopher Pissarides,Edmund S. Phelps,Jean-Paul Fitoussi

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