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  1. Vor 5 Tagen · In 2022, after the implementation of mild economic liberalization, poverty decreased in Venezuela and the country's economy grew for the first time in eight years. Despite these improvements, Venezuela continues to have the highest rate of inequality in the Americas.

  2. en.wikipedia.org › wiki › G20G20 - Wikipedia

    Vor 3 Tagen · The G20 was founded in 1999 in response to several world economic crises. Since 2008, it has convened at least once a year, with summits involving each member's head of government or state, finance minister, or foreign minister, and other high-ranking officials; the EU is represented by the European Commission and the European ...

  3. Vor 3 Tagen · Great Depression, worldwide economic downturn that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world, sparking fundamental changes in economic institutions, macroeconomic policy, and economic theory.

  4. Vor 10 Stunden · Recessions. Many factors directly and indirectly serve as the causes of the Great Recession that started in 2008 with the US subprime mortgage crisis.The major causes of the initial subprime mortgage crisis and the following recession include lax lending standards contributing to the real-estate bubbles that have since burst; U.S. government housing policies; and limited regulation of non ...

  5. Vor 3 Tagen · Jeff Wallenfeldt. Group of 20 (G20), international body created in 1999 that provides a forum for strategic economic communication between industrialized and developing countries. The G20 originated as a response to the economic crises of the late 1990s; it expanded on the work of the Group of Seven (G7; known as.

    • The Editors of Encyclopaedia Britannica
  6. Vor 3 Tagen · To contain the coronavirus (COVID-19) pandemic and protect susceptible populations, most countries imposed stringent lockdown measures in the first half of 2020. Meanwhile, economic activity contracted dramatically on a global scale. This chapter aims to dissect the nature of the economic crisis in the first seven months of the ...

  7. Vor einem Tag · In 2021 global growth is projected at 5.4 percent. Overall, this would leave 2021 GDP some 6½ percentage points lower than in the pre-COVID-19 projections of January 2020. The adverse impact on low-income households is particularly acute, imperiling the significant progress made in reducing extreme poverty in the world since the 1990s.