Globalized economy more sensitive to recessions: physicists

By applying the same rules that explain how genomes evolve, Rice University physicists have shown that the world economy is more sensitive to recessionary shocks and recovers more slowly from recessions now than it did 40 ...

Can solar energy help save Greece?

What happens to renewable energy programs in a country that gets whacked by a full-scale debt crisis, like the one that struck Greece beginning in 2009—do the programs whither and die in the winds of austerity? And how ...

America's clean energy policies need a reality check

America's approach to clean energy needs to be reformed if it is to meaningfully affect energy security or the environment, according to two new articles by Stanford writers.

Declining energy quality could be root cause of current recession

An overlooked cause of the economic recession in the U.S. is a decade long decline in the quality of the nation's energy supply, often measured as the amount of energy we get out for a given energy input, says energy expert ...

Report says Silicon Valley economy sputtering

(AP) -- Silicon Valley's economy took a big hit during the global meltdown and could have trouble climbing out, according to a report released Wednesday.

Japanese firms in talks on microchip merger

Renesas Technology Corp. and NEC Electronics Corp. are in merger talks to create Japan's top chipmaker as they seek to survive the global recession, reports said Thursday.

Trade agreements can ease the pain of a possible global recession

Uncertainty is bad for business; however, it can be mitigated by trade agreements which help countries become more resilient to economic shocks, according to a new University of California School of Global Policy and Strategy ...

page 1 from 6

Global recession

A global recession is a period of global economic slowdown. The International Monetary Fund (IMF) takes many factors into account when defining a global recession, but it states that global economic growth of 3 percent or less is "equivalent to a global recession". By this measure, three periods since 1985 qualify: 1990-1993, 1998 and 2001-2002.

This text uses material from Wikipedia, licensed under CC BY-SA