Recession trend and World economy

In developed as well as developing countries to avoid recession is the aim of all free economies but inspite of all efforts recession occurs. With this view this volume has been brought out. In this context important contri butions of free world economic thinkers have been accumulated.

First world countries are facing immense. fear of recession and that creates an atmos phere of uncertainty in the Third World free economies. What impact it will have during the phase of recession and after is also studied in this volume. The impact of recession will be more on the growth efforts of Third world and in the First world it will impact not only whole of production but also it will bring unemployment, the capacity of production will be dwindled. Therefore, there are world wide efforts to check its emergence but the discussion halts at the point is it feasible to avoid it?

This outstanding book studies almost all aspects of economic recession and its impact on the world economy. Divided into eight parts it studies in detail Boom to Recession, Nature of Trade Cycle, Impact of Recession on Economy, Recession Trend and First World Economy, Business and Developing Countries, Monetary Policy and Crises of the Third World, Inflation and Deflation, Stagflation and Recession in a Free Economy, and Global Recession and India.

This important book will be of great use to scholars and students of economics and commerce, planners and policy-makers and all those interested in the study of recession trend and its impact on the economy.