Lessons from the Global Financial Crisis: Interview with Valerie Cerra

Author:Hites Ahir
Position:Senior Research Officer in the Research Department at the International Monetary Fund
Pages:3-6
SUMMARY

The Global Financial Crisis of 2007-08 was the worst to hit the world economy since the Great Depression. The Crisis devastated the financial markets, brought the housing and banking sectors to their knees, and caused political upheaval in both the developed and developing world. Ten years on from those events, Hites Ahir talks to Valerie Cerra, Assistant Director in the IMF’s Institute for... (see full summary)

 
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Interview
Hites Ahir is a Senior Research Ofcer
in the Research Department at the
International Monetary Fund.
hahir@imf.org
The Global Financial Crisis of 2007-08 was the
worst to hit the world economy since the Great
Depression. The Crisis devastated the financial
markets, brought the housing and banking
sectors to their knees, and caused political
upheaval in both the developed and developing
world. Ten years on from those events, Hites Ahir
talks to Valerie Cerra, Assistant Director in the
IMF’s Institute for Capacity Development, about
why some countries still haven’t been able to fully
recover, what are the implications of recessions
and crises for policymaking, and the new stylized
model for economic development.
qa
&
Hites Ahir
with
Interview with Valerie Cerra
Photo: Michael Spilotro

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