The developing global downturn is likely to have a disproportionate effect on debt - to - GDP ratios across Europe.
Not exact matches
The collapse of US banking giant Lehman Brothers in September 2008 precipitated a worldwide financial crisis which by 2009 had
developed into a serious
global economic
downturn.
Our special management series has been
developed by the IIM faculty keeping in view the changing
global economic scenario with the
downturn, to engender enhanced and responsive business / managerial thought among MBA aspirants today.
World carbon markets have been on the ropes over the past several years, as the
global economic
downturn prompted prices of EU allowances to fall 90 % from their pre-recession peak, while the value of UN-backed offsets that finance low carbon projects in
developing countries became almost worthless.
At this point, it's still too early to tell how the
global economic
downturn will affect ARGeo's future funding situation — what with the
developed world beginning to rein in funds intended for
developing world projects — but it's important to realize that geothermal will only represent one fraction (though a sizable one) of East Africa's renewable energy potential.