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...here), the ongoing insurgency in [[Costa Mejis]] and general downturns in global demand for finished industrial products that constitute the backbone of Sou ...jority of governmental bodies have defined the crisis as a conflict-driven recession, independent economic bodies and economists have pointed to a multitude of

...roducing Eastern [[Adula]]n and Western [[Euronia]]n nations. Although the global oil supply only decreased by approximately four percent, the oil markets' r ...burg]]'s oil production also dropped significantly, triggering [[wikipedia:Recession|economic recessions]] worldwide. Oil prices did not return to pre-crisis le

...es|finance and insurance}}, {{wp|foreign currency exchange}}, {{wp|banking|global banking}}, {{wp|mortgage loan|mortgage loans}}, {{wp|risk management}}, {{w ..., [[Crédit Talonnais]], after the latter's bankruptcy in the wake of the [[Recession of 1980]].

|established_event5 = Great Global Recession

...e crisis was part of the broader global financial crisis and led to a deep recession, widespread unemployment, and significant government intervention. The cris ...he subprime mortgage crisis in the United States, which led to a freeze in global credit markets. Moreover, Hverland was experiencing a real estate bubble, a

...}}, and {{wp|Central bank|central banks}}. It utilizes a {{wp|Global macro|global macro}} investment style based on economic trends, such as {{wp|Inflation|i ...the mid-1990s at the hedge fund before leaving to build [[Manton-Grossman Global Strategies|his own firm]].

...e 1970s and into the 1980s, much of the [[Cadenza]]n state was in economic recession. The effects of this crisis were particularly visible in the capital's Grea ...ased, with further tax breaks and subsidies to draw in corporations with a global reach. It has been hailed as one of the most successful economic endeavours

The global financial crisis of 2008 caused a major recession, which led to a significant rise in unemployment in Arkiasis. By October 20 ===Lost Decade/80's recession (1980-1990)===

{{main|Recession of 1971|Income tax in Belhavia|Taxation in Belhavia}} The [[Economy of the Empire (Belhavia)|Belhavian economy]] underwent [[Recession of 1971|a series of shocks and crises in the late 1960s and early-to-mid-19

...which the price of {{wpl|sugar}} declined dramatically, leading to a {{wpl|recession}} which impacted several economies in the [[Arucian Sea|Arucian region]] of ...ural changes and reforms contributing to the [[Recession of 1980 (Kylaris)|Recession of 1980]].

* January 2020: [[Global Recession]] begins

...ivil_War|post-war]] {{wp|brain-drain}}, and a lack of integration with the global {{wp|market economy}} leading to a little foreign trade or investment. The ...ituation would breakdown in 1980 when the Ovan Market crashed from a major recession.--->

...increasingly began to struggle to the 1980s with its new role as a growing global financial centre. Construction began in 1991 following a favourable committ

...overseas to work for [[Schyster & Goldstein]], in which he became head of global foreign exchange in 1995, a position he would hold for two years. He return ...nal Government of New Akiba]] entering government during the [[2008 Global Recession]]. His government implemented personal tax cuts. Seiji also introduced a jo

...} and sociopolitical-diplomatic efforts and resources towards the [[Pardes|Global East of Pardes]], including [[Ashizwe]], the [[Kasaishima|Far East]], [[Ska As the [[Recession of 2006]] hit, President [[Jeff Arnoth]] had neither the interest nor resou

...1966 admission, a number of influential heiranos have proven national and global leaders in their respective fields. Sixth President [[César Passos Moreira ==== Santana Recession ====

...o the World Financial Crisis and blamed economic liberalism for the global recession. Support for the party fell in the 2007 election after several popular form ...nmara was a vocal skeptic of the [[Euclean Community]] for its role in the recession. She also adopted policies aimed at attracting young voters, such as the ab

...ily created in order to provide Bahian states with an alternative to the [[Global Institute for Fiscal Affairs]], which provided extensive debt relief with t ...everely reduced Global South states' outlets for debt relief outside the [[Global Institute for Fiscal Affairs]], which only granted debt relief in response

...of 2012 to 2017. She oversaw the Caldish response to the 2005-2011 global recession. For her response, she is credited with stabilizing the Caldish economy. Sh She also oversaw the beginning of the global recession of 2005-2011, which threatened the Euclozone. Walker, in cooperation with t

...the deficit, and Rogness and the LFP were praised for the response to the recession, winning re-election in 2009 under [[Georg Torleif Årbakke]] but having to

=== The 1928 - 1933 Recession=== The Recession of 1928 - 1933 hit the developed, {{wp|industrialized}} nations of the [[Pa

...d by its successor, the [[Forum of Nations]], as an international bank and global lender of last resort. The bank was set up to provide finance to infrastruc ...nds|high-yield corporate bonds}}. [[Gristol-Serkonos]] entered into a {{wp|recession}} following the collapse of the country's asset price bubble in 1991. The c

| partof = the [[2005 global financial crisis]] ...ernment tried to contain the effects of the [[2005 global financial crisis|global financial crisis]] by imposing austerity measures. However, the measures pr

...anded ownership of the company to his two sons. Fu responded to the global recession of 2014-2015 by promulgating a bailout of major Namorese banking institutio

...popular moves have been their competent response to the [[2019-2020 Global Recession]] as well as a broadly successful foreign policy strategy.

...on of the island after the 50 years it had been under the rule of the once global-spanning Euclean empire. Sir Aldworth reformed the Jindanese curriculum to ...he Xiaodongese mainland as the idea of pan-Estmerism dwindled as Estmere's global influence declined. Served two successive terms in the position akin to God

...ook place against the backdrop of the global COVID-19 pandemic and related recession. It was the first election since 1994 and the first in the 21st century, i

===Global rise and peak=== Sorsa experienced a drop in sales during the 1971 Valkean Recession due to decreasing domestic demand. However, the company was rapidly gaining

...retain their colonial possessions resulting in a period of uncertainty and recession throughout the majority of the 21^st century.

Brazil is an emerging {{wp|middle power}}. It is a member of the [[Global Security Association]] (GSA), and holds chairmanship over the [[United Asse ...lowing [[Brazilian economic reform|reforms]] and Brazil's entry into the [[Global Security Association|GSA]] economic area, though it is unclear whether this

...f the AIS; it may be considered one of the primary political blocs in {{wp|global politics}}. Around 560 million people and about 10%-15% of world GDP and mi ...fall of Equalism in Amathia and more combined with the effects of the 1980 recession to produce widespread regime change and realignment.

* [[Astyrian Global Airways]] However, progress of construction was slowed due to the onset of the Valkean Recession of 1971. The cost to build it was larger than first previously evaluated, a

...he public due to its successful outcome, deepened existing [[2009 Economic Recession|economic problems]], which would continue to magnify throughout the 2010s a After [[Third Great War|GW3]], the [[Global Community]] called upon [[Inglaterra]] and the [[Greater Niagara|Niagara]]

...ry deployments to the [[CDI]] and conducted efforts to [[World Council|use global]] [[World Council Grand Tribunal|bodies]] against [[Rodarion]] and other [[ When the [[Recession of 2006]] hit and the [[Economy of the Empire (Belhavia)|Belhavian economy]

...relationships with other Ethian states, and increased participation in the global economy have increased trade markedly. Trade with the rest of the Union of ...ith a bank run in the Panic of 1916, in which the country narrowly avoided recession. During the course of the year, Salisbury's one-nation conservative governm

...pse of the [[Otterup Pact]] and solidarity with the general anti-communist global movements. ...omai, economies particularly hard hit by the crisis. The efforts to stem a global economic crisis did little to stabilize the domestic situation in Anikatia,

...equential economic devastation, which only worsened due to global economic recession in the 1920s, as well as the humiliation experienced by the Altish populati

...privatisation}}s and {{wp|deregulation}} in response to the 2012 Mariranan recession. Macciocchi has attracted criticism for his expansion of police powers and ...iocchi worked as an adviser to the Michelozzi government, supporting the [[Global Institute for Fiscal Affairs|GIFA]]'s {{wp|Structural adjustment|Economic R

...much of the Arucian it was the most significant recession since the [[2005 global financial crisis]]. ...omic disruption caused by the eruption caused Aucuria to enter an economic recession and, with 23% and 11% of the Aucurian workforce employed by agriculture and

...ing natural habitats, and promoting sustainable practices. The EF became a global leader in environmental initiatives, setting ambitious targets for member s ..., streamlining decision-making and enhancing the federation's influence in global affairs. This marked a significant step toward a more cohesive and impactfu

...-19 pandemic in Pacitalia''' is part of the ongoing {{wp|COVID-19 pandemic|global pandemic}} of coronavirus disease 2019 ({{wp|COVID-19}}). It is caused by { ...ken to try to curb the initial spread of the virus. Authorities invoked a "global public health directive" under the Sanitation and Disease Act, and declared

...as the FAL, he would be replaced by [[Sérgio Lindahl]]. In 2005 the global recession hit the economy of Vanhar hard, Saldanha would punish many banks accused of

...owns were abandoned soon after. This is considered to be Delamaria's first recession and capital dried up, preventing continued settlement. Though soon after in ...nation faced an economic and political crisis that led to a decline in its global standing, culminating in the loss of Delamarian Daruwa. To restore legitima

...the public souring on the Yarden efforts and {{wp|recession|an early 1970s recession}} due to the [[Association_of_Oil_Producing_Nations#Origin|Jean Succession ...onian crisis]], the [[Enyaman Civil War|civil war in Enyama]], and rise of global left-leaning states into the [[Kiso Pact]] weigh heavily in political debat

...ll from grace in South Euclea, and saw it transition to the fringes of the global left. ...e," and initiated campaigns aimed at combating the societal effects of the recession, including harsher punishments for drug and youth crime, anti-drug campaign

...rder. Starting with the global [[Galarian Regime#The 1928 - 1933 Recession|Recession of 1928 - 1933]], governments in 'free Pardes' began to move towards {{wp|K ...) for increasing the budget deficit, the SDEKA crumbled in 1980 due to the recession that followed. Although the SKA was a minor party, the two other political

...rious Hominid nations, leading to food shortages and resource scarcity. As global temperatures plummeted, many humans were forced to migrate south closer to ...lision with the Human states of Septentrion; recognizing that the eventual recession of the glacial period would bring about the resurgence of human proliferati

...match the rights of prosperity."'' The reforms and the later [[2005 Global Recession]] would prove devastating in popular support the young vibrant democracy, w

...me established in Gunther Peninsula and Vantser, the protectorate became a global centre for rubber sorting and export. The Kingdom of Erusea built the large ...he country's credit rating was obliterated and Vantser dipped into extreme recession. This series of events led to the Ulysses Riots, the largest events of civi

...Republic of Russia]]. Since then, the country has played an active role in global affairs.

...onal Forum for Developing States]]. Ghamistan is a former partner of the [[Global Institute for Fiscal Affairs]] and member of the [[League of Oil Producing ...f growth had already slowed significantly in the leadup to the 2005 Global Recession, which sent Ghamistan into spiraling national debt necessitating bailouts a

...government of the progressive centre''" and stated in the wake of the 2005 recession there needed to be an "''age of austerity''". During the election MS propos ...in negotiation with the Euclean Commission, Euclean Central Bank and the [[Global Institute for Fiscal Affairs]] agreed a comprehensive Ruttish bailout packa

{{main|2007-2010 Mariranan recession|Mariranan insurgency}} ...te caused the economy to collapse resulting in Marirana to enter the worst recession in 100 years, with income poverty rising to 62.32%. The government responde

...logy, entertainment, commerce, and transportation, and have influenced the global economy and culture. They have also created thousands of jobs, attracted mi ...|Septembber 11 attacks|9/11 attacks}}, the {{wp|Iraq War}}, the {{wp|Great Recession}}, the {{wp|Affordable Care Act}}, the legalization of {{wp|same-sex marria

Ferrari is a well-known banker in Belhavian and [[Pardes|global]] financial markets, where he engaged primarily in {{wp|day trading}} in th ...}}, but saw his business quickly dry up in late 2006 and 2007 during the [[Recession of 2006]]. During the same period of time, he entered {{wp|day trading}} in

In the late 2000s, the kingdom suffered a major recession in industries such as tourism and shipping. However, the resourcefulness an ...f the most advanced countries in digital technology and has since become a global leader in many industries, such as finance and digital media.

...ter the war with New Freedomstan. Crystal Spires has been driven into deep recession, which was prolonged by the Liberal Unity Party's reluctance to undertake s ...409 NSD which puts it way behind its original indicators of prosperity. in global GDP per capita rankings. PPP GDP reached $6.35 trillion, corresponding to i

...rish]] banking family after the zoo faced collapse as a result of the 2005 recession. ...discontinued in 1996 as it was believed to serve no purpose in furthering global conservation efforts.

The '''Great Trident War''', also known as just the '''Great War''', was a global war centred in Veterra that began on the 2nd of August 1854 and ended on th ...ll to the Coaliton until 1858 the Republic surrenders. As the war ends the recession ends but the Republic was charged with heavy debt and the famine is still i

...s also presented documentaries on various topics including climate change, global poverty, and human rights abuses on {{wp|Panorama (British TV programme)|''

Due to the global situation after the Great War and economic depression all over the world fe ...zation, wages and the quality of living for many citizens stagnated at pre-recession levels, prompting ongoing concerns about social and economic inequality. Ne

...urishing trade routes betwixt virtually all nations, and helped create the Global Diplomacy Organization and its corresponding Treaty of Utopian Diplomacy. T ...history wasn't recognized, officially, until 1960, following the Post-War Recession Era (1952-1959). After the victories following World War II, many nations a

...s left. Some of the guilds chosen in this fashion have been able to obtain global pre-eminence in their sector during their 10-year tenures, with those belon ...ively low income and slow growth in Megelan itself; and, if on one hand, a recession in Megelan is, on average, less destructive than it would be in any other c

...Crisis and was initially hostile to a number of EC proposals to combat the recession. The prolonged economic crisis and continued devaluation of the euclo saw s ...policies and limited government intervention in the economy to combat the recession. She ran a campaign focusing on empowering the individual and strengthening

...e Federation of Grand Valeya; a military dictatorship that engages in {{wp|global surveillance|omnipresent surveillance}}, unrestricted militarism and the su ...of this, the [[Yeongseon|Empire of Yeongseon]] - dealing with an internal recession - succumbs to it's own revolution, in which junior military officer [[Park

...growing and unrestrained spy sector, and the agency developed more [[Ajax|global]] contacts and conducted more operations between 1976-1984 than it had in t

...withstand many global depressions. However, in 2021 it entered a spiraling recession and its economy collapsed as a result of a mismanaged banking system and a

...llowing the decline of the previous nation, Greater Triuna. After a severe recession and a failed coup attempt, South Triuna experienced a devastating civil war ...ing and prosperity of its own people rather than actively participating in global affairs.

...rnment inherited an economy that had dipped in a slight recession due to a global fall in food prices. Galimberti largely left economic policy to his adviser

Abidemism traces its origins to the global spread of {{wp|Pentecostalism}} in the early twentieth century. Soon after ...rmath of the [[Second Mabifian Civil War]], [[Amathian Revolution]], and [[Recession of 1980]] led to the widespread, if limited, {{wp|liberalization}} of Asale

...in 2050 as Pax Talionis and the United Nations entered nearly 20 years of global conflict that pitted the 1st World against the 3rd. An eventual United Nati ===Universal Recession (2600s to 2700s)===

...Union]] led to the annexation of [[Risagne]]. A growing [[Aininian Empire|global trade]] brought Ainin into the [[War of Twilight]], whose cost, combined wi ...influence due to a large financial sector, high military spending and the global status of the French language. It maintains membership in many organisation

| caption = [[Labrador]] is the economic centre of the nation, and a global financial hub. ...owns were abandoned soon after. This is considered to be Delamaria's first recession and capital dried up, preventing continued settlement. Though soon after in

===Recession=== The country was formerly a member of the Initiative for Global Peace but following the IGP's decision to join the [[Anterian World Assembl

| [[Euclean Community#Euclean_Commission|Foreign and Global Affairs Commissioner]]<br /><small>(2019–present)</small> ...llette]], the incumbent [[Euclean Community#Euclean_Commission|Foreign and Global Affairs Commissioner]].

...n [[Caphtora]] during the second half of the 19th century, challenging the global dominance of Mascylla. Tensions between Cuthland and Mascylla and their re ...and early 1990s, Cuthland once again emerged as the primary non-democratic global power.

...n the money supply. Monetarists contend that the Great Collapse began as a recession, but that the policies of various central banks across Euclea failed to ade ...than 1914. One area where Etruria emerged more productive than before the global downturn, was in industrial chemical production and steel production - here

[[Dakos]] was classified by economists as being in a citywide {{wp|recession}} in 1983 and 1984, and would only break weak 1-2% growth rates by the last The [[Global Monetary Fund]] estimated in 1988 that national Belhavian growth would have

...art of [[Santiago II]]'s attempts to incorporate the island state into the global economy. ...rnment is committed to not run public deficits except in instances of war, recession, or catastrophic events. <br>

...gely to strong exports. Growth (2.2%) was dampened by the softening of the global economy in 2003, but picked up in the subsequent years owing to strong grow ...reasing bad debts in the banking system, pushed Trachtenberg into a second recession in 2032, the first whole year of negative growth since 2001. Due to the rel

...ands was responsible for poor economic management which lead to a national recession in 2008 and widespread institutional corruption. ...nt breeding ground for migratory birds and hosts around one quarter of the global population of white storks.

...e and funding. Although the reforms proved efficient in Piraea's exit from recession, dissident voices became more prominent criticising persistent {{wp|politic

...ational organisations, such as the [[Community of Nations]], [[COMSED]], [[Global Institute for Fiscal Affairs|GIFA]], [[International Council for Democracy| ...missions across the globe; Sivathra is also a member of [[COMSED]], the [[Global Institute for Fiscal Affairs]], the [[International Council for Democracy]]

...ry". Despite this, with the [[Namo stock market crash]] and ensuing global recession, his {{wpl|austerity}} policies avoided a sustained impact on the Ambrosian

...the government was applying for an economic restructuring package from the Global Institute for Fiscal Affairs in order to meet its debt payment obligations.

...al fallout that included corporate bankruptcies, leading the nation into a recession. Within a year, the nation struggled with mass unemployment, food shortages ...The nation is a proponent for non-proliferation and is highly committed to global nuclear security.

2008-The Beginning Of The Global Economic Crisis.Dozens of countries suffer billions of losses, a decline in 8-the Fight against the global conspiracy and imperialism

...nomic slowdowns in [[Senria]] and other parts of Euclea. In order to avoid recession Vinkauskas's government responded with implementing more comprehensive inco ...nian government had to pump billions into banks and take a loan from the [[Global Institute of Fiscal Affairs]], seen as a humiliation by large swathes of th

...however remained above 8% until 1985 and the economy did not return to pre-recession levels until 1986. ...y]], the [[International Freedom Alliance]] and other smaller regional and global organisations. Recently Arkiasis has moved away from its noninterventionist

==== Recession and Famine ==== [[File:SREresseion.jpeg|thumb|left|Homeless people in the 1973 Recession]]

In the 1990s, Hverland suffered a deep recession following the collapse of a telecommunications bubble The government's long ...as one of the most developed countries in the world and high on the {{wpl|Global Peace Index}}. The country runs entirely on {{wpl|renewable energy}}.

...cost of living in Pacitalian urban centres has historically been above the global average, with the Pacitalian capital, Timiocato, consistently ranked one of ...nabled the country to plunge into a [[Pacitalian recession, 2014-2016|deep recession]].

...to institute {{wpl|autarkic}} policies despite economic downturn of the [[Recession of 1980]]. ...onment of autarky criticized for allegedly contributing to effects of 2009 recession. Refused to appoint a new [[Governor-General]] during [[Third Northumbrian

...tive aristocrats. Wayne was one of the first major figures to advocate for global Arcadian influence and foreign policy, eschewing over a century of staunch ...t popular Arcadian Presidents of the 20th Century, assumed office during a recession, as well as the height of tensions between Arcadia and numerous internation

...economy is based in a strong agro-exporter sector; Itaguay leads the dairy global production and counts with a specialised sector focused in organic, high-va ...gradually into an isolation period, which resulted in the later economical recession of 1980. During this period, the approach to the foreign relations Itaguay

However, in 2005, the global recession impacted Krada, as investors withdrew from West Miersa. This led to many co

...aining and subsidy based investment has been practised to prevent economic recession in areas which are suffering in terms of significant job losses and other e ...ts the maturation of this sector of the Freethinker economy within the new global and interstellar economy. Freestian shipbuilding is held to a high standard

...ut also challenges like the {{wp|September 11 attacks}} and the {{wp|Great Recession}}. The Grand Divide was a global event occured in 2038, resulted in drastic geographical, political and soci

...to stagnate and after a series of natural disasters, the economy slid into recession. Economic reforms introduced in 1995 failed to revive the sluggish economy. ...Soskie colony rejoined Holynia in 2002. Holynia became integrated into the global economy in the 2000s.

...insular territories in the Mariban, Delukas, and Onorai oceans make up the global Vallorian Directive, a supranational collective that share open borders, de ...culture experienced a golden age and colonization led to the formation of global colonial empires by both Vainor and Aneril, providing enormous wealth and p