Issue |
SHS Web Conf.
Volume 169, 2023
4th International Symposium on Frontiers of Economics and Management Science (FEMS 2023)
|
|
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Article Number | 01057 | |
Number of page(s) | 8 | |
DOI | https://doi.org/10.1051/shsconf/202316901057 | |
Published online | 29 May 2023 |
Detailed Review of Stagflation and Recession
Babson College, Wellesley, MA, United States
* Corresponding author: leoliu.yuhao2000@gmail.com
This paper thoroughly analyzes stagflation and recession along with their causes, effects and approaches to resolve them. Detailed literature on stagflation and recession provides value added analysis. In-depth review provides analysis about the history of stagflation, its effects and approaches to solve it. In addition, detailed reviews of recession, causes of major recessions, major sources of pressure for recession are thoroughly covered. Findings suggest that economies cannot completely avoid stagflation and recession, but they can reduce the effect of these factors on the economy.
Key words: Economic theories / Stagnation / Recession
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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