MUNICH With the United States teetering into recession, the global economic boom has ended.

STOCKHOLM The looming global recession has brought government intervention to save failing companies to the forefront of economic policy.

WASHINGTON, DC Roughly one year ago, the global economic situation looked grim a severe global recession, sizeable wealth destruction, and declines in trade and employment.

Coupled with fears of a double dip recession in the United States, the European debt crisis is dragging the global economy into another cycle of financial panic and economic recession.

The Perfect Storm of a Global Recession

Unfortunately, the Great Recession of 2008 2009 is far from being a normal global recession.

I believe that we have entered a period of weakening across the different parts of the global economic system, and that this may lead to a global recession.

In 2009, China was justly proud of its success in emerging from the global recession with a high rate of economic growth.

How to Avoid a Double Dip Global Recession

First, the US and global economies remain mired in recession.

Now they face a second blow from the global recession.

Nothing will be easy, given growing problems of security, governability, institutional stability, and economic performance, with the prospect of renewed global recession threatening oil revenues.

Davao is not immune to the financial crisis and the impending global recession but it is faring well, according to the National Economic Development Authority.

Deepening economic recession is bound to catalyze political change.

This is the worst US and global recession in 60 years.

Otherwise, the risk of another global recession will continue to rise.

With the imminent threat of global recession, austerity measures are not the way to correct global imbalances.

The global recession has simply brought that problem forward a few years.

On the real economic side, all the advanced economies representing 55 of global GDP entered a recession even before the massive financial shocks that started in late summer.

BEIJING Today s financial crisis and looming global recession are challenging China s export driven economic model as never before in the 30 years since Deng Xiaoping opened the economy.

The IMF, along with many national leaders, seem ready to give full credit to these policies for engineering what might be the end of the global economic recession.

CLAREMONT, CALIFORNIA The debt crisis in Europe is no longer a European affair. Coupled with fears of a double dip recession in the United States, the European debt crisis is dragging the global economy into another cycle of financial panic and economic recession.

Oil prices also played a role in the recent finance driven global recession.

While a global recession will be averted, a severe growth slowdown will not.

Singapore is the first Asian country to be hit by the global recession.

Recession insurance might, indeed, help alleviate the economic crisis by reducing uncertainty.

As Prime Minister since 2004, his success story continued even during the global recession.

The talk now is of a global recession that will be steep and prolonged.

Still, this global recession will continue for a longer period than the consensus suggest.

In 1985 and 1998, Singapore was affected by, respectively, a major economic recession and the Asian economic crisis.

And what could ultimately arise from this worrying situation is a global recession. A world recession would have disastrous consequences for the economies of developing countries.

Indeed, all eurozone members are now experiencing weak economic growth, if not recession.

Yes, within the next three to five years, there will probably be another global recession.

And any additional shock could tip this unstable global economy back into full fledged recession.

Despite an unprecedented global recession, India remained the second fastest growing economy in the world.

What has not been avoided is a recession that will be deep, long, and global.

Nevertheless, slower growth or possibly a recession in the world s largest economy inevitably has global consequences. There will be a global slowdown.

A combination of deep recession, global economic dislocations, and effective nationalization of large swathes of the financial sector in the world s advanced economies has deeply unsettled the balance between markets and states.

Likewise, following the 2008 global economic crisis, food price spikes and recession caused the United Nations Food and Agriculture Organization to revise its hunger estimates upward, to more than one billion people.

Robert S. Lopez has contended that it was a period of deep economic recession.

We know that in periods of economic recession, youth are among the worst hit.

COPENHAGEN With a worldwide recession advancing, strong action on global warming has been thrown into jeopardy.

In the meantime, the global economy had entered a cycle of recession, and the perception that opening up markets could improve economic conditions led to calls for a new round of multilateral trade negotiations.

During the global recession in 2009, Africa and Asia were the only two regions where GDP rose.

Wen s words were like warm milk to the recession numbed audience of global political and business leaders.