The International Monetary Fund (IMF) managing director, Kristalina Georgieva said on Thursday that she wasn’t in doubt about another fiscal stimulus package by the U.S government. She sai...
As threats of the coronavirus continue to rise and the financial markets plunge, it would only be a matter of time before the global economic downturns. Despite the actions by the World Bank Group, IM...
Time Period: December 2007 - June 2009Duration: 18 monthsGlobal GDP: -5.1%Global Unemployment Rate: 10%Similar Instance: The 1930s Great DepressionThe Great Recession was an economic decline era which...