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Article

Особенности циклических колебаний после Великой рецессии

Григорьев Л. М., Подругина А. В.

The authors hold that the global business cycle is developing in a new and complex environment — with GDP parity of developed and developing countries, but under different long-term trends. The variety of trade and financial shocks produced by a series of countries creates an unstable background for growth. The financial shock detonated the Great Recession in 2008, and in the same way the Credit Crunch defines to a great extent the sluggish upturn.