We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
The Aftermath of Recession: The Road To Recovery.
- Authors
David, Charles Suresh
- Abstract
Business economists believe that the recession has ended, but that the economic recovery is likely to be more moderate. The road to recovery from the Great Recession is proving to be long, winding and rocky. After a year of fragile and uneven recovery, growth of the world economy is now decelerating on a broad front, presaging weaker global growth in the outlook. Weaknesses in major developed economies continue to drag the global recovery and pose risks for world economic stability in the coming years. The unprecedented scale of the policy measures taken by governments during the early stage of the crisis has no doubt helped stabilize financial markets and jump-start a recovery, but overcoming the structural problems that led to the crisis and those that were created by it is proving much more challenging and will be a lengthy process. The primary objective of this research study is to analyze and find out the factors responsible for morphing the economic recession- 2008. This research study is exploratory in nature and used the combination of primary and secondary data as the source of information. This study elaborates on various aspects of current financial crisis and its impact on Indian economy. The concluding observation is that India, which had come a long way after liberalization of the economy with a remarkable growth is confined to the power of knowledge that has been generated in our country joining the developed nations, will not be a difficult task.
- Subjects
INDIA; RECESSIONS; BUSINESS economists; ECONOMIC recovery; FINANCIAL markets; INDIAN economy, 1991-
- Publication
Journal of Finance, Accounting & Management, 2011, Vol 2, Issue 1, p1
- ISSN
2153-2818
- Publication type
Article