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Robert Paul Brenner (/ ˈ b r ɛ n ər /; born November 28, 1943) is an American economic historian.He is a professor emeritus of history and director of the Center for Social Theory and Comparative History at UCLA, [4] editor of the socialist journal Against the Current, and editorial committee member of New Left Review.
Macro risk is financial risk that is associated with macroeconomic or political factors. There are at least three different ways this phrase is applied. It can refer to economic or financial risk found in stocks and funds, to political risk found in different countries, and to the impact of economic or financial variables on political risk.
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The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and services.
“Stabilization” can refer to correcting the normal behavior of the business cycle, thus enhancing economic stability.In this case, the term generally refers to demand management by monetary and fiscal policy to reduce normal fluctuations and output, sometimes referred to as "keeping the economy on an even keel."
The market meltdown set off a global rout in early 2016. [9] [10] [11] According to 19 January 2016 articles in the Xinhua News Agency, the official press agency of the People's Republic of China, China reported a 6.9 percent GDP growth rate for 2015 and an "economic volume of over ten trillion U.S. dollars". [12]
The World Development Report 2019 studies the impact of technology on the nature of work. It is the most-downloaded World Development Report, with more than 2.5 million downloads, a third of which before its official publication.
The International Monetary Fund defines a global recession as "a decline in annual per‑capita real World GDP (purchasing power parity weighted), backed up by a decline or worsening for one or more of the seven other global macroeconomic indicators: Industrial production, trade, capital flows, oil consumption, unemployment rate, per‑capita investment, and per‑capita consumption".