Immediate impact - during a recession, investor confidence is low. Hence, there is a reduction in investment. Since developing economies form the bulk of investing destination today (55% according to a WTO report), they're the one that are most hit by a recession in terms of new investments.
Medium/Long term impact - During a recession, people lose jobs and reduce consumption. Consumption of firms also decrease due to lower economic activity in the economy. As a result, there is reduced demand on an aggregate level. This reduces trade of goods and commodities (at least the elastic goods). People are less likely go indulge in luxurious products and services like cars, tourism etc. During a recession.
TradeSNS易之家呼吁广大网友遵守网络相关法律法规、严禁发布各类敏感不实信息;
同时TradeSNS易之家将严厉打击各类不法传播活动和违法有害信息,构建和谐的网络空间。