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Reshaping the global economy

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  • Jean Pisani-Ferry
  • Indhira Santos

Abstract

Jean Pisani-Ferry and Indhira Santos observe that the crisis and the national responses to it have started to reshape the global economy. But beyond the specifics of shock transmission, the crisis has also exposed that, in spite of regional integration and the emergence of new economic powers, the global economy lacks resilience. The authors explain how they believe the international community could build a stronger and more legitimate globalised governance...

Suggested Citation

  • Jean Pisani-Ferry & Indhira Santos, 2009. "Reshaping the global economy," Policy Contributions 291, Bruegel.
    • Handle: RePEc:bre:polcon:291
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    Cited by:

    1. Margot Schüller & Yun Schüler-Zhou, 2009. "China’s Economic Policy in the Time of the Global Financial Crisis: Which Way Out?," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 38(3), pages 165-181.
    2. Rob Gregory & Christian Henn & Brad Mcdonald & Mika Saito, 2010. "Trade And The Crisis: Protect Or Recover," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 1(02), pages 165-181.
    3. Razi Pahlavi Abdul Aziz & Anne‐Sophie Gintzburger, 2009. "Equity‐Based, Asset‐Based and Asset‐Backed Transactional Structures in Shari’a‐Compliant Financing: Reflections on the Current Financial Crisis," Economic Papers, The Economic Society of Australia, vol. 28(3), pages 270-278, September.
    4. Iley, Richard A. & Lewis, Mervyn K., 2011. "Has the global financial crisis produced a New World Order?," Accounting forum, Elsevier, vol. 35(2), pages 90-103.
    5. Mervyn K. Lewis, 2011. "Monetary Policies During the Financial Crisis: An Appraisal," Chapters, in: Steven Kates (ed.), The Global Financial Crisis, chapter 8, Edward Elgar Publishing.
    6. Afanasyeva, Olga, 2011. "Analysis of Main Instruments of Crisis Regulation of Banking Activity During the Global Financial Crisis of 2008-2009," MPRA Paper 60651, University Library of Munich, Germany.
    7. Albert Lessoua & Diadié Diaw & Alexandre Sokic & Jorge Guadalupe, 2013. "Resilience capacity of South countries with respect to the global economic crisis: an empirical comparative analysis of Sub-Saharan African and Latin American countries," EcoMod2013 4967, EcoMod.

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