Document Type


Publication Date

Winter 1999


The state and national economies are now feeling the brunt of the global economic crisis. So far, the pattern of events in the Commonwealth has mirrored that of the nation. This is not surprising, since the source of the problem — the global slowdown and financial uncertainty — is an external shock that affects all the nation’s regions through international trade and financial markets.


Published in MassBenchmarks, Vol. 2, No. 1, pp. 4-8:


University of Massachusetts

Included in

Economics Commons



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