World Economy Close to Leaving Recession

Cornel Albu

Revista de Economie Mondiala / The Journal of Global Economics, 2009, vol. 1, issue 4

Abstract: In 2009, the world economy crossed the strongest postwar economic crisis, affecting all the economic and social areas. The process of recovery after the global recession started at the end of 2009, but the level of investment and production will be slow in 2010. In 2009, the international trade and FDI flows showed significant decreases as a result of the global financial and economic crisis. Serious consequences of the current economic crisis occurred and affected the employment situation in most countries of the world.

Keywords: trade protectionism; global demand; economic stimulus programs; disinflation (search for similar items in EconPapers)
JEL-codes: F10 F42 J29 O10 O16 O40 (search for similar items in EconPapers)
Date: 2009
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