Home

GDP

Nov 17

Attributes and predictors of recessions

The Bank of England, central bank of the United Kingdom

Vote
34
Nov 14

Recession

Business cycle

A recession is a contraction phase of the business cycle, or "a period of reduced economic activity." The U.S. based National Bureau of Economic Research (NBER) defines a recession more broadly as "a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales." A sustained recession may become a depression.

Vote
45
Aug 27

International trade

Canal_de_Panamá

International trade is the exchange of goods and services across national borders. In most countries, it represents a significant part of GDP. While international trade has been present throughout much of history (see Silk Road, Amber Road), its economic, social, and political importance have increased in recent centuries, mainly because of Industrialization, advanced transportation, globalization, multinational corporations, and outsourcing. In fact, it is probably the increasing prevalence of international trade that is usually meant by the term "globalization".

Vote
43
Aug 13

Republic of Moldova


alt="Click for Chisinau, Republic of Moldova Forecast" height=60 width=468>

Vote
57
Jul 14

Romania's GDP drop during the 1990s

  • Add new comment
  • Sphere: Related Content

Romania's GDP drop during the 1990s

Romania's GDP drop during the 1990s
Vote
17

 

Gambling

more tags
Theme & Icons by N.Design Studio
Syndicate content