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Group Assignment By, Karthik M U Mary Agilebu Mo Wentao

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1 Group Assignment By, Karthik M U Mary Agilebu Mo Wentao
Recession Group Assignment By, Karthik M U Mary Agilebu Mo Wentao

2 What is Recession? Main economic indicators that will be affected are:
Real GDP Income Employment Manufacturing Retail sales.

3 History Of Recession In The World Economy.
Great Depression ( s) Recession of 1945 (Duration - 8 months). Recession of 1948 (Duration months) Post-Korean War Recession (1953) (Duration - 10 months) Recession of (Duration - 8 months) Recession of (Duration months) Recession of 1969 – (Duration months) oil crisis of 1973 (Duration - 16 months) Recession of 1981 – (Duration -16 months) Recession of early 1980’s Recession of late 1980s Asian financial crisis – 1997 Recession of early 2000s Great recession – 2008/2009 Global Recessions Occur On A Periodic Basis According to IMF this period seems to arise every eight to ten years once.

4 History Of Recession In The World Economy. (Examples)
In ,700 businesses filed for bankruptcy, number upped to 28,300 and in the number was 43,500 businesses. (In US) In firms had an IPO, by only 21 active firms had an IPO. (In US) In 2007 – 12.7 million children and 13 million households across US experienced ‘food insecurity’ and these numbers increased through the following years because of the rise in unemployment and fall in incomes. During the great recession of 2007/2008, unemployment rate increased from 4.9% in December to 9.7% in august. The number of unemployed people doubled from the start of the recession to 5 months from the recession.

5 Main Factors That Contributes To Recession.
Demand side shock Supply side shock

6 Main Factors That Contributes To Recession.

7 Impact Of This Recession On Businesses Worldwide
Downturn Interrupts An Enterprise Mortgage Damage And Liquidation Job Dismissal And Profit Minimisation Impact Of This Recession On Malaysia Composite Index of the Kuala Lumpur Stock Exchange (KLSE) fell from 1,077.3 to within a year. Heat and businesses commence massive closure. Weak business confidence led to an increase in capital outflow as most investors were running to safe haven. Net Capital outflow stood at RM 21.7 billion during the period, the highest in a decade. Capital inflow was Rm 10.6 billion, RM 9 billion lower than the number recorded for 1997.

8 Role Of Government In Managing Recession.
(removing duties/improving management expenditure) (removing percentage charges)

9 Possible Recession In The Year 2020
U. S economy is at its best shape at the moment after the great recession of 2007. Yet, the economists have predicted on possible recession in the year 2020. The reason for this is probably because the things are going so well.

10 Possible Recession In The Year 2020
Certain Circumstances That Might Result In A Possible Recession In 2020

11 Possible Recession In The Year 2020
I believe these scenarios are uncertain and the possibility of a recession is trivial. Recessions can occur by just the loss of confidence; hence we must think carefully before forecasting and clouding the minds of people with fear when there is none.

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