Global Recessions (English)

The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009. During each of these episodes, annual real per capita global gross domestic product contracted, and this contraction was accompanied by weakening of other key indicators of global economic activity. The global recessions were highly synchronized internationally, with severe economic and financial disruptions in many countries around...

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Author

Kose,Ayhan;

Sugawara,Naotaka;

Terrones,Marco E.;
Document Date
2020/03/03
Document Type
Policy Research Working Paper
Report Number
WPS9172
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2020/03/03
Disclosure Status
Disclosed
Doc Name
Global Recessions
Keywords
global recession

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Citation

Kose,Ayhan; Sugawara,Naotaka; Terrones,Marco E..

Global Recessions (English). Policy Research working paper|no. WPS 9172 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/185391583249079464

Global Recessions (English)

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