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Socialist SymbolA global recession is recession that affects many countries around the world—that is, a period of global economic slowdown or declining economic output.
Recession in economics refers to slump in economic activity or contraction in business cycles.Come browse our large digital warehouse of free sample essays.At this period, the growth of the world economies is mainly below three percent.
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Global recession is defined as a period of slow economic growth in the world.Global recession February 2016. Larry Elliott: not even the most optimistic attendee believes the global economy is on the cusp of an 80s-style boom.