Current trends and issues in the world economy
- Author: United Nations Conference on Trade and Development
- Main Title: Trade and Development Report 2008 , pp 1-17
- Publication Date: September 2008
- DOI: https://doi.org/10.18356/5c91929d-en
- Language: English
In mid-2008 the global economy is teetering on the brink of recession. The downturn after four years of relatively fast growth is due to a number of factors: the global fallout from the financial crisis in the United States, the bursting of the housing bubbles there and in other large economies, soaring commodity prices, increasingly restrictive monetary policies in a number of countries, and stock market volatility. Without strong and internationally coordinated action on macroeconomic policy, a fully-fledged global economic recession seems unavoidable.
© United Nations
ISBN (PDF):
9789211561784
Book DOI:
https://doi.org/10.18356/2ee5a1c2-en
Related Subject(s):
International Trade and Finance
Sustainable Development Goals:
-
From This Site
/content/books/9789211561784c004dcterms_title,dcterms_subject,pub_keyword-contentType:Journal -contentType:Contributor -contentType:Concept -contentType:Institution105
/content/books/9789211561784c004
dcterms_title,dcterms_subject,pub_keyword
-contentType:Journal -contentType:Contributor -contentType:Concept -contentType:Institution
10
5