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Series

Economics

Pace University

Recession

Articles 1 - 2 of 2

Full-Text Articles in Business

The Impact Of The "Great Recession" On The Financial Resources Of Nonprofit Organizations, Joseph C. Morreale, Phd Aug 2011

The Impact Of The "Great Recession" On The Financial Resources Of Nonprofit Organizations, Joseph C. Morreale, Phd

Wilson Center for Social Entrepreneurship

No abstract provided.


The U.S. Economic Crisis: Another "Lost Decade"?, Paula Chungsathaporn May 2009

The U.S. Economic Crisis: Another "Lost Decade"?, Paula Chungsathaporn

Honors College Theses

America is experiencing the worst economic downturn since the Great Depression originating with problems from mortgage backed securities and seeping into every major sector in the economy. We have witnessed the downfall or government takeover of some of the most powerful companies in the country, contributing to the highest unemployment rate America has seen in decades. During the 1990s, Japan experienced what is commonly referred to as “the lost decade,” a period of prolonged stagnant growth. Many similarities can be drawn between the current U.S. crisis and the Japanese crisis of the late 90s. The macroeconomic conditions that caused the …