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The Recessionary Global Business Environment

Global Journal of Research in Management

Volume 3 Issue 2

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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