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Impact of Global Recession on Trade Performance of India

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Added on  2023-06-15

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This presentation showcases the impact of global recession on trade performance concerning India as the prime country and other countries as examples. It covers the decline in world trade, abating global economic environment, growing liability in emergent countries, and more.

Impact of Global Recession on Trade Performance of India

   Added on 2023-06-15

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INTERNATIONAL TRADE
THEORY AND POLICY
The Great Recession
Impact of Global Recession on Trade Performance of India_1
CONTENTS
Introduction
Great Recession
Abating Global Economic Environment
Growing Liability in Emergent Countries
India during Global Economic Recession
India during Global Economic Recession
Trade Collapse of India
Impact of Recession on trade sector
Declining Global Trade and Industrial Production
Conclusion
Reference List
Impact of Global Recession on Trade Performance of India_2
INTRODUCTION
The period considering 2008-2009 world
economy faced the most severe financial
shock
World trade performance within this period
faced high commodity prices and
accelerated unemployment rate due to
global recession
This presentation will showcase the impact
of global recession on trade performance
concerning India as the prime country and
other countries as examples
Impact of Global Recession on Trade Performance of India_3
GREAT RECESSION
Turbulence in global economy, in other words the
period of great recession can be considered from
the late 2000s to 2010
Factors such as high interest rate, full-blown
international banking crisis, loss of investors,
decelerated productivity of manufacturers greatly
contributed in poor GDP in all nations
In 2009-2010 world trade declined by 12.2% due
which, developing countries such as India was the
most affected
Figure: Declining World
Trade Relative to Global GDP
Impact of Global Recession on Trade Performance of India_4

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