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- Global_recession abstract "A global recession is a period of global economic slowdown. The International Monetary Fund (IMF) takes many factors into account when defining a global recession. Until April 2009, IMF several times communicated to the press, that a global annual real GDP growth of 3.0 percent or less in their view was "equivalent to a global recession".By this measure, six periods since 1970 qualify: 1974‑1975, 1980‑1983, 1990‑1993, 1998, 2001‑2002, and 2008‑2009.In April 2009, IMF changed their Global recession definition to: A decline in annual per‑capita real World GDP (purchasing power parity weighted), backed up by a decline or worsening for one or more of the seven other global macroeconomic indicators: Industrial production, trade, capital flows, oil consumption, unemployment rate, per‑capita investment, and per‑capita consumption.By this new definition, a total of four global recessions took place since World War II: 1975, 1982, 1991 and 2009. All of them only lasted one year, although the third would have lasted three years (1991‑93) if IMF as criteria had used the normal exchange rate weighted per‑capita real World GDP rather than the purchase power parity weighted per‑capita real World GDP. The latest 2009 global recession, commonly referred to as the Great Recession, was by far the worst of the four post-war recessions, both in terms of how many countries were affected and how much the real World GDP per capita declined.".
- Global_recession thumbnail GDP_Real_Growth.svg?width=300.
- Global_recession wikiPageExternalLink research.
- Global_recession wikiPageExternalLink aliber.pdf.
- Global_recession wikiPageExternalLink cycles.html.
- Global_recession wikiPageExternalLink www.reinhartandrogoff.com.
- Global_recession wikiPageID "20250534".
- Global_recession wikiPageRevisionID "605774048".
- Global_recession hasPhotoCollection Global_recession.
- Global_recession subject Category:Business_cycle.
- Global_recession subject Category:Economic_problems.
- Global_recession subject Category:Macroeconomics.
- Global_recession subject Category:Market_trends.
- Global_recession subject Category:Recessions.
- Global_recession subject Category:World_economy.
- Global_recession type Abstraction100002137.
- Global_recession type Attribute100024264.
- Global_recession type Condition113920835.
- Global_recession type Difficulty114408086.
- Global_recession type EconomicCondition114488594.
- Global_recession type EconomicProblems.
- Global_recession type Problem114410605.
- Global_recession type Recession114013368.
- Global_recession type Recessions.
- Global_recession type State100024720.
- Global_recession comment "A global recession is a period of global economic slowdown. The International Monetary Fund (IMF) takes many factors into account when defining a global recession.".
- Global_recession label "Global recession".
- Global_recession sameAs m.04_1hv3.
- Global_recession sameAs Q3521685.
- Global_recession sameAs Q3521685.
- Global_recession sameAs Global_recession.
- Global_recession wasDerivedFrom Global_recession?oldid=605774048.
- Global_recession depiction GDP_Real_Growth.svg.
- Global_recession isPrimaryTopicOf Global_recession.