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The Global Economy and Financial Markets 10 Years After the Global Financial Crisis

  • Alok SheelEmail author
Chapter

Abstract

The paper gives a synoptic view of the evolution of macroeconomic policies from the time of the Great Depression and the current thinking in stabilizing business cycles and financial markets, and makes an overview of the policy response to the recent Global Financial Crisis. It analyses the adjustments made in the global economy in the wake of the Global Financial Crisis, as also the adjustments in financial markets. The concluding section discusses the current prospects of the global economy, and the risks that possibly lie ahead.

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Copyright information

© Indian Council for Research on International Economic Relations (ICRIER) 2019

Authors and Affiliations

  1. 1.Indian Council for Research on International Economic RelationsNew DelhiIndia

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