Emigration entails the movement of people from their native country to a new country, in which they plan to settle. Emigration occurs because of notable reasons. In most circumstances, people escape awry political conditions, economic destitution, and social insecurity. In some cases, emigrants are merely adventurous individuals who want to experience new settings. People who […]
Tag Archives: recession
Global recession can be defined as a time when there is a slowing down of economic growth globally. According to the international monetary fund, a global economic growth that is below three percent is indicative of global recession. Based on this criterion, it is estimated that the world has gone through four periods of economic […]
In 2009, most of the principal developed countries are facing financial and economic challenges. This causes the largest decrease in global economic activities as various countries undertake varying measures to cushion their countries from the ongoing global financial crisis. Governments, especially from the developed countries are responding differently to the global economic crisis. Easing of […]
It is of great significance for organizational managers to recognize the major challenges that come with the global downturn. The present global financial downturn has led to many organizations examining their approaches in light of the ever rising competition along with reduced consumer demand. Adjusting to fit within the new environment demands comprehensible strategic focus, […]