Global recession

GPTKB entity

Statements (28)
Predicate Object
gptkbp:instanceOf Economic event
gptkbp:affects occupation
Government budgets
Consumer confidence
Global financial markets
gptkbp:cause Financial crises
Pandemics
Commodity price shocks
Geopolitical conflicts
gptkbp:characterizedBy Decline in GDP across multiple countries
Falling investment
Reduced international trade
Rising unemployment rates worldwide
gptkbp:defines A period of global economic slowdown or contraction
https://www.w3.org/2000/01/rdf-schema#label Global recession
gptkbp:notableExample gptkb:Great_Depression
gptkb:COVID-19_recession
gptkb:Great_Recession_(2007–2009)
gptkbp:relatedTo gptkb:Recession
gptkb:Depression_(economics)
Economic crisis
gptkbp:responseIncludes International cooperation
Fiscal stimulus
Monetary stimulus
gptkbp:studiedBy Economists
Policy makers
gptkbp:bfsParent gptkb:2020_global_stock_market_crash
gptkbp:bfsLayer 5