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The United States subprime mortgage crisis and its implications for the Caribbean

Published date 2008-01-01
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A recession in the United States will undoubtedly have an important impact on the world economy, despite the continuous rapid growth experienced by emerging economies, particularly China and India. The purpose of this article is threefold: first, to characterize the current situation in the United States economy; second, to discuss the economic policy responses; and finally, to elaborate on how Caribbean economies may be affected. 

Publication type

ECLAC publication