The Recessionary Global Business Environment
Published: 2013
Author(s) Name: Gouher Ahmed |
Author(s) Affiliation: Dr. Ahmed is affiliated to Al Ghurair University in Dubai as Associate Professor
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Abstract
Global business today is marked by recessionary environment, following the
global financial crisis of 2008 and its aftermath of Great Recession, beginning
in the United States of America and spreading to others. This paper is an
attempt at an understanding the new recessionary global business
environment, said to be the result of the of business excesses, mainly, of banks.
The result of the crisis is a depressed or recessionary business conditions, all
over. This paper is a model attempt at understanding of the new recession, global
environment, and the recessionary policy and measures in implementation.
Keywords: Global Recession, Down Economy. Recession, Global Economy
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