Socio-economic Systems in the Phase of Crisis (Long Recession)

Abstract

Originality/value

The influence of the global economic crisis on the global economic system through the prism of the regional aspect is specified. It is shown that at present (2018) most regions of the global economic system are covered with crisis and will have long recession until 2022. Developing countries have faced the highest damage from the 2008 crisis, and most of them have the second or even the third wave of crisis.

Citation

Kurilova, A.A., Kurilov, K.Y., Dugina, T.A. and Likholetov, E.A. (2019), "Socio-economic Systems in the Phase of Crisis (Long Recession)", Popkova, E.G. (Ed.) “Conflict-Free” Socio-Economic Systems, Emerald Publishing Limited, Bingley, pp. 201-208. https://doi.org/10.1108/978-1-78769-993-920191023