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Impact of Recession on Indian Economy: Sectorial Analysis: How Did They Survive? Special Case Tcs (Tata Counsultancy Services)
Fazlur Rahman
Impact of Recession on Indian Economy: Sectorial Analysis: How Did They Survive? Special Case Tcs (Tata Counsultancy Services)
Fazlur Rahman
There is no official definition of recession, but there is general recognition that the term refers to a period of decline in economic activity. Very short periods of decline are not considered recessions. Most commentators and analysts use, as a practical definition of recession, two consecutive quarters of decline in a country?s real (inflation adjusted) gross domestic product (GDP)?the value of all goods and services a country produces. Although this definition is a useful rule of thumb, it has drawbacks. A focus on GDP alone is narrow, and it is often better to consider a wider set of measures of economic activity to determine whether a country is indeed suffering a recession. Using other indicators can also provide a timelier gauge of the state of the economy.
Media | Books Paperback Book (Book with soft cover and glued back) |
Released | March 2, 2012 |
ISBN13 | 9783848426294 |
Publishers | LAP LAMBERT Academic Publishing |
Pages | 68 |
Dimensions | 150 × 4 × 226 mm · 113 g |
Language | English |