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GLOBAL RECESSION
In April 2008, the International Monetary Fund (IMF) predicted that global growth would drop to 3% or less in 2008 and 2008, defining this as a global recession. The world’s riches economies are continuing to shrink, signaling that we are indeed getting closer to a global recession. This topic covers the latest news on the international economic downturn that may turn into a global recession.
Global Recession is part of Business Exchange, suggested by
mahendra dash.
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Reference
Other useful pages, Web sites and tools related to this topic.
5/5/09 Chairman Ben S. Bernanke address on the economic outlook; Before the Joint Economic Committee, U.S.
April 2, 2009: Outline of agreements reached by the leaders of the Group of 20 meeting in London, including to treble...
NYT series of articles exploring the causes of the financial crisis.
Dec. 1, 2008: U.S. National Bureau of Economic announces December 2007 as the start of the current U.S.
U.S. National Bureau of Economic Research explains how it determines recessionary periods in the economy.
In this Nov. 17 speech, the IMF's First Deputy Managing Director, John Lipsky, says that the fund's own research shows...
Top Sources: Global Recession
- imf.org
- topics.nytimes.com
- federalreserve.gov
- mirror.nber.org
- images.businessweek.com
- nber.org
- pimco.com
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