Title: Italy in the World Economy

Abstract: The crisis of confidence that was triggered by the bursting of the real-estate bubble in the United States in 2007 and reached its height with the failure of Lehman Brothers in September 2008 spread rapidly from the financial system to the real economy, leading to a broadly based fall in output and a collapse of world trade. In 2009 world GDP declined by 0.6 per cent,1 with a larger contraction in the first six months and a slight recovery in the third and fourth quarters...

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Publication ID: 20

Category Description: General Issues of International Trade Statistics

Publication Type: Book

Inistitute: Italian Institute for Foreign Trade

Year: 2010

Month: June

Sub Title: ICE Report 2009-2010

Author 1: ICE

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Link: http://www.italtrade.com/italy/world_market08.pdf

Tags: Italy , world trade ,

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