Event Title

From ripples to waves: Brazil and Mexico's economic performance and subsequent resilience during the Great Recession

Location

Diamond 343

Start Date

30-4-2015 9:00 AM

End Date

30-4-2015 10:25 AM

Project Type

Presentation

Description

At the height of the 2008 global financial crisis, it was difficult to peek over the precipice and not see into total oblivion. As the United States financial system began to crumble under its own dubious investments souring, it was a crack heard (and felt) around the world. Due to rapid globalization, the developed worlds economies were well integrated and deeply interconnected. The interconnectivity posed an obvious and very grave problem to global markets: if the biggest economy in the world began showing severe cracks in its armor, what will happen to the rest of the developed nations economies? In the paper, I examine the effects of the Great Recession on Latin America's two biggest economies, and track their recovery to determine if it had permanent or temporary effects.

Faculty Sponsor

Patrice Franko

CLAS Field of Study

Interdisciplinary Studies

Event Website

http://www.colby.edu/clas

ID

1534

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Apr 30th, 9:00 AM Apr 30th, 10:25 AM

From ripples to waves: Brazil and Mexico's economic performance and subsequent resilience during the Great Recession

Diamond 343

At the height of the 2008 global financial crisis, it was difficult to peek over the precipice and not see into total oblivion. As the United States financial system began to crumble under its own dubious investments souring, it was a crack heard (and felt) around the world. Due to rapid globalization, the developed worlds economies were well integrated and deeply interconnected. The interconnectivity posed an obvious and very grave problem to global markets: if the biggest economy in the world began showing severe cracks in its armor, what will happen to the rest of the developed nations economies? In the paper, I examine the effects of the Great Recession on Latin America's two biggest economies, and track their recovery to determine if it had permanent or temporary effects.

http://digitalcommons.colby.edu/clas/2015/program/255