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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2020/03/03
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Documento de trabalho sobre pesquisa de políticas
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WPS9172
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1
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1
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2020/03/03
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Disclosed
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Global Recessions
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global recession
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