Publisher's Synopsis
The modern world is characterized by intense and increasing conditions of uncertainty, with the result that any economic turbulences and economic recessions create issues to be addressed for the entire world, regardless of the degree of development of each economy. This book presents the consequences of economic recessions, giving readers a comprehensive understanding of the causes of the crises, their effects, the solutions, and how economies can be put on a more sustainable path in the future. Considering critical events in the global economy, the book describes how the turbulence from such crises affects economies in today's complex world. The book emphasizes the importance of resilience in the efforts of economies to recover from crises and adapt to a changing environment. Readers of the book will see how more vulnerable or advanced economies face problems and how crises can create opportunities to find innovative solutions that lead to economic stability and growth. The book also offers insights into how economic recessions shape economic policy. It highlights the need for modern economies to focus on inclusive economic growth and efforts centered on sustainability, and long-term economic and social well-being. The book is a useful tool for anyone seeking to understand contemporary issues of global economic development and its complex nature in the midst of economic crises. The analysis of the book proposes policy solutions to limit the negative effects of economic crises and to lead economies toward more resilient and sustainable development.
