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The global recession issue: Introduction—Part I

✍ Scribed by Amir Shoham

Publisher
John Wiley and Sons
Year
2011
Tongue
English
Weight
133 KB
Volume
53
Category
Article
ISSN
1096-4762

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✦ Synopsis

Abstract

This special issue concentrates on the global economic downturn that reached its lowest point in late 2008. Signals of an impending crisis started in 2007 with a wave of insolvent subprime mortgages in the United States, but the seeds were planted years earlier. In its scope, length, and countries affected, this downturn is the worst in over 70 years. It is changing and will continue to change local and global business and economic environments. This issue aims to learn from past mistakes and better understand the new environment. Each part contains five articles and an introduction. Part I has a global perspective; Part II focuses on specific national economies. © 2011 Wiley Periodicals, Inc.

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