01753cas a2200253 a 4500 AALejournalIMF011273 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463902308 1018-5941 BD-DhAAL BD-DhAAL Bui, Trung. Apocalypse then : The Evolution of the North Atlantic Economy and the Global Crisis / Trung Bui, Tamim Bayoumi. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The financial crisis, originated from the collapse of US housing markets in 2008, reverberates around the world. Its destructive force was felt nowhere more keenly than Western Europe. Indeed, it continues to mire in financial volatility as the debt problem contagiously spreads around the periphery Euro area. Taking a wider historical view of the evolution over the recent decades of the North Atlantic economy, comprising North America and Western Europe, we argue that while trade links were in relative stasis, the increasing and uniquely-close Transatlantic financial relationship was a crucial conduit in transmitting US shocks into global ones. Mode of access: Internet Bayoumi, Tamim. IMF Working Papers; Working Paper ; No. 2011/212 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/212/001.2011.issue-212-en.xml IMF e-Library