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Contributions of Gloria macapagal arroyo?
She saved the economy of the Philippines in the days of global recession, by travelling and negotiating with other countries
What are the implications of global recession?
The global recession has adverse effects on the worldâ??s economy. The effects include loss of jobs and foreclosure of homes. Inflation has led to high prices for food and other commodities.
Could great depression return to the US due the recent economy downturn?
Sure. Without proper oversight of banks and other financial institutions it can always happen.
What is Australia's economy currently?
In today's world of recession that has hit the world in a very big way, both the U.S.A. and Europe are suffering. Australia, on the other hand, has not felt the recession as much as U.S.A. and Europe, and job cutting has not begun.
What is meant by the term 'paradox of thirft'?
The paradox of thrift refers to the idea that if everyone saves more money during an economic downturn, it can actually harm the economy as a whole by reducing overall spending, leading to decreased demand for goods and services, which can further exacerbate the economic downturn. In other words, what may be good for individuals in the short term (saving more) can have negative consequences for the economy as a whole.
What is Australia economy?
In today's world of recession that has hit the world in a very big way, both the U.S.A. and Europe are suffering. Australia, on the other hand, has not felt the recession as much as U.S.A. and Europe, and job cutting has not begun.
How stable are the Asian stock markets during the US recession?
The Asian stock markets was not as stable during the U.S. recession. The reason for this is because the U.S. has a big influence on how the economy of other countries are. When it was thought that the U.S. was going to have another recession, the Asian stock market fell since investors dumped their riskier assets.
When overall prices are decreasing are you in recession?
You are in deflation. This may be due to a recession or to other factors.
What Other causes of unemployment?
Recession
Recession in world economy is adversely affecting Indian economy?
effect of recession on India hi, i would like to tell you, Indian GDP accounts 60 to 80 percent of service and manufacturing industries, we have been hit by recession because our service industry mostly information technology depends on export, but i would like to say if we use our reserves for domestic consumpiton we could try to create booom period for infrastructure porjects and restructuring projects of disinvestment. we could earn more benefits from this recession than any other countries, we need to create domestic demand and need to create close alley for our energy demands. if we secure both then we will ride out this recession unharmed. if you further question ask me at this place mehul.shahmba@yahoo.com but don't look at BSE or NSE for long term they are mirror of economy sometime they don't show real picture
What are some of the problems that exist in the US today?
The domestic problems in USA include: 1. Economic recession/unemployment/illiteracy /high drop out rate 2.Problem of ethic minorities/immigrants 3.Law & order in backward areas 4.The internal political turmoil due to external foreign policy & war./broken families
Why there is recession all over the world?
There is an old saying...when the United States sneezes, the whole world catches a cold... In other words there is a recession all over the world because the United States is in a recession.
