In economics‚ a recession is a business cycle contraction‚ a general slowdown in economic activity. Macroeconomic indicators such as GDP‚ employment‚ investment spending‚ capacity utilization‚ household income‚ business profits‚ and inflation fall‚ while bankruptcies and the unemployment rate rise. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events‚ such as a financial crisis‚ an external trade shock‚ an adverse supply
Premium Macroeconomics Economics Unemployment
Education Sector in Bangladesh: In Need of an Overhaul Submitted to Mr. Bijoy Lal Basu Assistant Professor Department of English University of Dhaka Submitted by Ayman Rahman‚ Roll No. 29 Section A 21st Batch‚ BBA Institute of Business Administration‚ University of Dhaka It doesn’t matter from what perspective one tries to see the importance of higher education‚ one thing is certain that its importance can never be undermined. But it is very disappointing that‚ in Bangladesh‚ the
Premium Higher education College University
SUZLON Wind Energy in Agreement to Acquire Belgium’s Hansen Transmissions Pune‚ India / Munich‚ Germany Suzlon Wind Energy signed a definitive agreement for the strategic acquisition of Hansen Transmissions. Hansen Transmissions is a major wind turbine gearbox manufacturer with state of the art manufacturing facilities in Edegem and Lommel in Belgium. Suzlon gains technological leadership from the integration of research and development‚ design and production to evolve the next generation of
Premium Wind turbine
Process: A Case Study In Bangladesh Garment Industry Mohammad Safiqul Islam PhD Candidate Glorious Sun School of Business and Management Donghua University‚ Shanghai‚ China E-mail: babu9999@hotmail.com Mr. Gu Qing Liang Supervisor E-mail: glqu@dhu.edu.cn ABSTRACT Bangladesh Garment Industry improvement is desired in reducing the Supply time required to produce and fulfill the orders placed by foreign companies. One way to decrease the supply time required for producing RMG is to increase domestic
Premium Supply chain management Management Supply chain
role in our Indian economy and today’s commercial world. The ongoing recession has left its impact on the IT industry we have discussed this in our project. The IT sector was always stressful and the recession has left it more so with overseas IT workers returning home for employment. Though recession has not affected the Indian economy the way it has other countries like USA & UK it has left its imprint. It does remain a sector with tremendous opportunities and many young guns seeking it. We have
Premium Stress Oracle Corporation Occupational health psychology
2011: 71-80 ISSN 2229 -600X IMPACT OF RECESSION ON TOURISM INDUSTRY Sherwood College of Professional Management‚Lucknow ABSTRACT Tourism industry has contributed enormously in the flourishing graph of India ’s economy by attracting a huge number of both foreign and domestic tourists travelling for professional as well as holiday purpose. Terror threat‚ swine flu scare and hike in air fares and above all the great economic depression hit the tourism sector hard in 2009 with number of foreigners
Premium Tourism
foreclosures and prolonged unemployment. The crisis played a significant role in the failure of key businesses‚ declines in consumer wealth estimated in trillions of US dollars‚ and a downturn in economic activity leading to the 2008–2012 global recession and contributing to the European sovereign-debt crisis. Causes for the crisis. The immediate cause of the crisis was the bursting of the United States housing bubble‚ which peaked in 2006‚ caused the values of securities tied to
Free Economics Unemployment Subprime mortgage crisis
Glynn Lowth‚ Malcolm Prowle‚ Michael Zhang Nottingham Business School The impact of economic recession on business strategy planning in UK companies Research executive summary series Volume 6 | Issue 9 Key findings: The key findings from this research were: • There is very little optimism about the prospects for the UK economy in the short to medium-term. • There is quite a degree of optimism from companies about their own commercial future based on a combination of factors such
Premium Business Strategic management Management
------------------------------------------------- ------------------------------------------------- RESEARCH REPORT ON ------------------------------------------------- ------------------------------------------------- FINANCIAL CRISIS OF 2007‚ CAUSES AND EFFECT ON INDIAN BANKING SECTOR ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
Premium Subprime mortgage crisis Bank
Week Two Essay Great Recession If I had to choose on even that will have significance in my life it would have to be “The Great Recession”. The economic turmoil that started in early 2008 by the fall of Bearn Stern the 4th largest Investment Banking firm in the U.S. followed by the collapse of Leman Brothers in September of 2008 has led to the worst recession since the World War II and has been called The Great Recession. Being 31 years old and having witnessed recessions before as well as transformation
Premium Economy Business cycle Great Depression