It is heartwarming to see their recovery.

It somehow survived the post Soviet shock, and has now recovered.

By loosening credit in this way, they recovered, one after another, from the Great Depression.

The company survived this crisis, however, and became a public company in 1948.

True, asset prices have recovered enough to help balance sheets, but probably not enough to help consumption.

Japan and Britain recovered first and fastest from the Great Depression, Germany and the US followed well behind, and France brought up the rear.

The effects of this catastrophe were so devastating that it took life on land 30 million years into the Mesozoic to recover.

The task for economic policy was to compensate for the resulting shortfall in private demand until households eventually recovered.

In some cases, US firms bought the banks, held on to them until Korea recovered, and then resold them, reaping billions in capital gains.

During World War II, the city again suffered significant damage, but quickly recovered in the post war years, remaining the third largest city of the Soviet Union.

But Spanish exports recovered more quickly than British exports, and inflationary pressure via the exchange rate is now a major constraint on future British monetary policy.

If employment in advanced countries like the US recovers strongly along with growth, political support for an open global economy will be easier to sustain.

After the 2008 2009 financial crisis, as China recovered rapidly and resumed 10 annual economic growth, some Chinese officials and commentators urged a more assertive foreign policy to reflect China s new strength.

True, asset prices have recovered enough to help balance sheets, but probably not enough to help consumption. The impact on consumption will largely have to wait until balance sheets, for both households and businesses, are more fully repaired.

The resulting fiscal austerity plunged many below the poverty line and accelerated economic inequality, while many private institutions, having caused the 2008 bust, recovered on the public dime.

Having recovered from the devastation of the Second World War with global assistance, Japan is in a better position than any other country to demonstrate the significance of ownership and partnership, poverty reduction through economic growth, and human security in promoting development.

Japan may have taken what seemed like forever to recover from its 1990 s crisis, but it is an exception the crisis occurred as the Japanese economy needed to restructure in the face of the huge challenges posed by China s emergence.

In 2010, Tsyvinski and I predicted a 70 80 scenario in Russia in the coming years As oil prices, which had plummeted to 40 per barrel, recovered and surpassed 70 80 barrel, Russia would return to the stagnation of the 1970 s and 1980 s.

It somehow survived the post Soviet shock, and has now recovered. Yet, for the last six years or so, Russia has been in a kind of limbo, with no strategy, no goals, and no elite consensus on a vision for the future.