School of Economics | Greater Illusions
636
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Anis Chowdhury and Jomo Kwame Sundaram September 12, 2018 In 2009, the world economy contracted by -2.2%. Growth in all developing countries declined from around 8% in 2007 to 2.6% in 2009 as the developed world contracted by -3.8% in 2009. The collapse of the Lehmann...