Economic Noble peace prize winner on the Crisis
Edmund Phelps, 2006 Economic Noble peace prize winner, will analyze the effects of short and long term effects on the macroeconomic policies.
Tuesday, December 9, 2008
He recommends providing incentives for the creation of new companies that generate novel ideas for activating the economy.
A report by Aldesa analyzes the effects for Costa Rica of a potential international crisis.
FMI: "Recessions associated with financial crises tend to be severe. Recoveries from such recessions are typically slow."
Tomorrow, leaders from the region will analyze a packet of recommendations on how to deal with the crisis.
The dreaded recession in the US has proven to be a difficult phenomenon to forecast. One year ago most people were predicting that there would a slight recession and that it wouldn't last long.
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