Roberto Borghi |

The World Is Changing: Ten Years After The Great Recession
Roberto Borghi | No Social Europe

A decade after the outbreak of the global economic crisis, the deepest since the Great Depression, a question remains open: what has changed in the international economy? For some analysts, there is a shared feeling of a return to business as usual. That is partially true if we consider, especially after many bailout experiences and government interventions, the rapid recovery of activities in the financial sector, which was at the core of the recent crisis, with no significant changes in the regulatory framework.

However, once we widen our analytical horizon, important signs of change can be highlighted. While these may not be as radical as other analysts would expect after such a profound crisis, they cannot be ignored when viewed in a long-term historical perspective. They have been made clear through all economic, social and political tensions aggravated around the world over recent years.

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