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\nRichard Koo - A "Balance Sheet Recession"\n

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\n\nPublisher:\n\nInstitute for New Economic Thinking\n\n\n
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\nNomura Research Institute's Richard Koo says that what the world is experiencing right now, a \"balance sheet recession,\" is different from traditional recessions. However, Japan recently experienced a similar type of recession, and Koo...\nNomura Research Institute's Richard Koo says that what the world is experiencing right now, a \"balance sheet recession,\" is different from traditional recessions. However, Japan recently experienced a similar type of recession, and Koo says we can learn a lot from that country's experiences. Interviewed by Daniel Erasmus at King's College, April 2010.
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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9:49
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Grade
Higher Ed
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Subjects
Social Studies & History
3 more...
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Media Type
Instructional Videos
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Source:
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\nNew Economic Thinking\n\n
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Date
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2010
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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economics, japan, interest rates, economy, income, money, years, companies, debt, depression
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Additional Tags

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inet, institute, new economic thinking, soros, george soros, richard koo, koo, nomura, balance sheet recession, budget deficit, fiscal stimulus, united states, cash flow, financial sector, private sector, bring rates, original income, balance sheets, borrowing money, balance, recession, spends, borrowers, shareholders, bankrupt, deal, confusion, place, happening, thing
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