A crise em perspectiva: 1929 e 2008

Abstract

In the current context of high uncertainty, many parallels have been traced between the economic crisis of 2008 and the Great Depression, that stirred the world between 1929 e 1933. However, despite the financial losses that recently occurred, the disposition for state intervention in our days is much higher and thus an important element in the formulation of economic policies. This is a difference that suggests a less catastrophic outcome to the current crisis.