Sentences with phrase «deep global recession»

We should have as an important theme in our classrooms the great financial crisis that erupted in the fall of 2008 and the deep global recession that followed in its wake.

Education spending had peaked at an average of $ 11,621 per student in 2008 — 09 before the deep global recession caused states to slash their spending amid plummeting tax revenues.

It was a world characterised by massive swings in our terms of trade, and a very serious international financial crisis followed by a deep global recession, not to mention the effects of the adoption of «non-conventional» policies in the major jurisdictions.

Not exact matches

The country faced a deep recession in the late nineties, and has struggled to recover from the current global economic crisis.

Russian markets, in recovery mode following a deep recession after the global oil price collapse in 2015, have been ravaged since Friday over fears of U.S. sanctions.

«The 2017 stress test shows the UK banking system is resilient to deep simultaneous recessions in the UK and global economies, large falls in asset prices and a separate stress of misconduct costs,» the BoE said.

The head of the World Trade Organization warned of a real risk of triggering an escalation of global trade barriers and a deep recession, even as financial markets and many economists started to discount the risk of a global crisis.

The paper says the global economy is now «almost certainly headed for a deep and prolonged recession,» and notes that global markets have already fallen as far as they did in the Great Crash of 1929.

Two years before the 2008 Wall Street crash that toppled the global economy into deep recession, Harper's Magazine published a dark prophecy of what was to come.

A consensus on the need for FTAAP to defend and facilitate open and deeper economic ties has evolved amid the recession and threats of global protectionism.

The Great Recession may be over, but eight years later we can still see the deep scars and unhealed wounds it left on the global economy.

AS GOVERNMENTS struggle to prevent the global financial crisis turning into a deep worldwide recession, attention is also turning to the longer - term problem: how to avoid a similar crisis happening again.

The good news that (happily) violated that norm and rippled in headlines this week came in a World Bank report showing a broad reduction in deep poverty and concluding that the great global recession did not increase poverty in the developing world.

The respondents also warned that a deep recession would make a new global deal on climate harder to achieve.