A deep crisis in any member country is likely to become contagious.

The aftermath of a typical deep financial crisis is something completely different.

Carmen Reinhart and I proposed this moniker in our 2009 book This Time is Different, based on our diagnosis of the crisis as a typical deep financial crisis, not a typical deep recession.

The political crisis that has rocked Haiti has deep roots in Haitian society.

It is a weakened democracy mired in an economic and social crisis so deep that it verges on becoming an identity crisis.

In Europe, the global financial crisis of 2008 left a legacy of deep political and economic crisis in the weaker economies of Southern Europe.

In short, the crisis has produced a deep delegitimization of Greece s democratic politicians and their supposed achievements.

Deep and widespread misery and an acute environmental crisis put the country socially and ecologically at risk.

Instead, the crisis demonstrated the deep divisions within Europe on everything from financial regulation to the requisite policy response.

It will take real effort and creativity to repair the deep cracks in globalization revealed by the financial crisis.

This deep pessimism militates against any public debate or reform, and exaggerates the importance of the current political crisis.

When it comes to managing a deep and complex crisis, indeed, European voters tend to prefer the experience of conservative politicians.

US and Chinese leaders have fought the crisis with not only massive fiscal stimulus, but also deep intervention into credit markets.

PALO ALTO One of the worst responses by officials to the financial crisis and deep recession has been to revive industrial policy.

Of course, skeptics warn against excessive optimism, arguing that something similar occurred in the early 1970 s, ending in a deep crisis.

The deep security crisis in Pakistan is mirrored across the border in Afghanistan, which offers a model of what not to do.

In deep financial crisis, traditionally social democratic Denmark elected a conservative prime minister, Poul Schlüter, a jovial man with a bow tie.

Of course, the crisis has not been overcome. We have gained time and can take a deep breath no more and no less.

Though every crisis eventually ends, no one knew at the time how broad, deep, and long the ensuing recessions and depressions would be.

These are very interesting ideas, but the evidence still seems overwhelming that the drag on the global economy mainly reflects the aftermath of a deep systemic financial crisis, not a long term secular innovation crisis.

In Europe, the global financial crisis of 2008 left a legacy of deep political and economic crisis in the weaker economies of Southern Europe. This crisis absorbed almost all of the European Union s political attention this summer, even as famine in Africa has worsened.

Others, however, have noted that Estonia pursued strict austerity in the wake of the crisis, avoided a financial crisis, and is now growing again vigorously, whereas Greece, which delayed its fiscal adjustment for too long, experienced a deep crisis and remains mired in recession.

The deep cross border links between financial institutions and the activity of globally active investment banks only took a brief hit from the crisis.

The EU is on autopilot, in stalemate, in deep crisis, claims Joschka Fischer, the former German foreign minister and an important voice in Europe.

They have mismanaged their way into a deep crisis, betraying all of the lofty promises of unity and prosperity issued when the euro was created.

The EU needs an economic government for the deep and long crisis ahead. Germany, Europe s biggest and most important economy, should lead the way decisively.

The third point is more diagnostic The shockingly anemic pattern of post crisis US consumer demand has resulted from a deep Japan like balance sheet recession.

Both countries are in the midst of a deep identity crisis that is mutating into disdain for Europe, foreigners, migrants, and all who represent the other.

Expressing deep concern over the plight of Muslim refugees and displaced people of Chechnya and humanitarian and material losses resulting from the Chechnya Crisis in 1999

The crisis in Europe s southern neighborhood reflects a deep seated transformation process that will have long lasting consequences for the region, for Europe, and for the world.

The search for deep human roots of the crisis, by contrast, leads to attempts to change human nature, which are futile and also inherently much more dangerous.

If greed dominates, the engine of economic growth will deplete our resources, push the poor aside, and drive us into a deep social, political, and economic crisis.

Among economists there is a strong feeling that the world economy is bouncing back from deep recession, and that the current crisis, although severe, is an aberration.

What is trendy at Davos this year is to view the crisis as reflecting two deep global trends for example, the declining clout of the United States.

14. Notes with deep concern the severity of the humanitarian crisis that still affects the country and the existence of millions of Afghan internally displaced persons and refugees

As Carmen Reinhart and Kenneth Rogoff tell it in their masterly book This Time is Different, there is no secure way of short circuiting a deep banking crisis.

The IMF itself, of course, is in a deep crisis, with many questioning its mission and legitimacy. For better or for worse, however, current circumstances offer an opportunity.

An equally deep crisis stems from the role of big money in politics. Backroom lobbying by powerful corporations now dominates policymaking negotiations, from which the public is excluded.

A deep recession in the United States resulting from the sub prime crisis would significantly lower Chinese exports and cut the prices of oil and other primary commodities.

In particular, he will need to go beyond Keynesian fiscal stimulus policies to heal the deep wounds to economic confidence that lie at the root of the current crisis.

Deep Decarbonization

Deep green .

Deep green .

Deep down, the crisis is yet another manifestation of what I call the political trilemma of the world economy economic globalization, political democracy, and the nation state are mutually irreconcilable.

On this occasion, I cannot fail to mention that we followed with concern the course of discussions on United Nations reform, which briefly threatened to develop into a deep crisis.