... 2003 and includes the Long-Term Capital Management collapse, the dot-com crash, and the collapses of WorldCom, Enron, and Arthur Andersen. The second episode runs from July 2007 onward and ... the conclusions of the Global Financial Stability Report and the World Economic Outlook analyses and stressed the need to refl ect such integration in a coherent and consistent communication ... turning points, Ireland has been in decline for seven quarters; Denmark for fi ve; Finland, New Zealand, and Sweden for four; Austria, Germany, Italy, Japan, the Nether-lands, and the United Kingdom...