World Economic Recession and its Impact on India
INTRODUCTION 1. The world economy went into a steep recession in the last three months of 2008 with global real GDP dropping at a 6 percent annual rate[2]. This was clearly the worst decline in world output and also in world industrial production and world trade of the post World War II era, with virtually all countries getting affected by the downturn and many registering record declines in GDP. Many economists and experts foresee a global recession lasting well into […]