Columbia International Affairs Online: Working Papers

CIAO DATE: 12/2009

Is the world addicted to bubbles? EIU's Quarterly Global Outlook webinar series

Robert Ward, presenter

December 2009

Economist Intelligence Unit


Global: Recoverology

Bounce-back theory: "V"
The sharper the contraction, the stronger the recovery

Financial-impairment theory: "U", "L"
Recoveries following financial crises are much slower than
normal recoveries

Borrowed-time theory: "W"
Stimulus boosts economy at the cost of weakness later

Armageddon theory: "Q"
Too grim to talk about