Having done this, Part 2 identifies the limits to liberalisation--especially its tendency to generate more frequent, wider and deeper economic shocks and uncertainty and to expose weaker (emerging) economies to the vicissitudes of global financial markets lacking adequate institutional defensive capability in times of crisis. ... Rather, it is their volume, scope, depth, speed and clustering that is unprecedented. ...

• Word Count: 9082
• Approx Pages: 36
• Grade Level: Undergraduate

As advanced economies are searching for ways to speed up their economic engines, emerging and developing countries have been important drivers of the global economic recovery. ... Among the advanced economies, two patterns seem to emerge: the United States, Canada, and Japan are expected to grow at a gentle pace, while the prospects for the euro zone are more uncertain, especially as tight credit conditions continue to limit domestic demand. ...

• Word Count: 4162
• Approx Pages: 17
• Has Bibliography
• Grade Level: Graduate

By disclosing the extent of an outbreak, governments limit the spread of rumours and encourage an appropriate response from business and the public. ... On 8 October, the World Bank issued a report which estimated overall economic impacts of between $3.8 billion and $32.6 billion, depending on the extent of the outbreak and the speed with which it can be contained. ...

• Word Count: 2637
• Approx Pages: 11
• Grade Level: Undergraduate