supply chain disruptions

Recession

Economic Whirlwinds: How Recessions Reshape Global Trade and Industries

Recessions are often referred to as the “economic storms” that sweep through nations, leaving long-lasting changes in their wake. These economic downturns aren’t just a collection of declining GDP figures, rising unemployment rates, or vanishing consumer confidence—they are transformative events that reshape entire industries and global trade. What Is a Recession? A recession occurs when an economy experiences a significant…