The Recession Dating Game
The optimism that emerged in the early stages of the recovery from the financial crisis and recession has given way to more sobering assessments, with fear of a double-dip recession rising. But, depending on how we date when a recession begins and ends, double-dip recessions are more the rule than the exception.
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STANFORD – The optimism that emerged in the early stages of the recovery from the financial crisis and recession has given way to more sobering assessments of the short-, medium-, and long-run challenges facing the global economy and its constituent national parts.