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