Global shocks, institutional development, and trade restrictions: Learning from crises and recoveries between 1990 and 2022
During the past 20 years, the world economy has suffered two major crises in the form of the Global Financial Crisis and the COVID-19 pandemic. This column identifies the turning points of recessions and expansions in 101 advanced and developing economies between 1990 and 2022 and analyses the drivers of economic recovery. Across the sample, […]
