when does economic crisis effected the world?
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2020 Coronavirus Crisis
It is too soon to tally up the total costs of the 2020 Coronavirus pandemic—the crisis is still ongoing. Already we have seen worldwide supply-chain interruptions, heightened volatility and steep losses in financial markets, and sharp slowdowns in the travel and hospitality industries.
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The 7 crises that will be presented are the Great Depression 1932; the Suez Crisis 1956; the International Debt Crisis 1982; the East Asian Economic Crisis 1997-2001; the Russian Economic Crisis 1992-97, the Latin American Debt Crisis in Mexico, Brazil and Argentina 1994-2002, and the Global Economic Recession 2007-09.
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