A new book from the IMF looking at the causes and consequences of global recessions and economic recoveries. Authors Ayhan Kose and Marco Terrones explore the last four global recessions and look at the fallout from the devastating 2008–09 worldwide financial crisis. Through text, charts, and multimedia interviews and features, they examine the deep human pain and enduring repercussions of these dramatic economic downturns. This companion website includes videos and interactive timelines to help readers understand the basic and complex issues that make recessions such destabilizing and enduring events.