The Recessional Period

Paper Summary:

The paper discusses the U.S. recession and its impact on global economy, which has led to the weakening of the American economy.
The paper notes that this is not only affecting U.S. citizens, but also the citizens of other countries. The paper proposes a research analysis to establish the degree to which the American economic recession is actually affecting global stability and outlines the areas and categories that should be investigated.

From the Paper:

"Statistical documents and information should also be analyzed. Data before the recession should be compared against current data. This information would basically try to identify the nature of the international relationships the U.S. had with various countries. The international balance sheet should also be looked at from a chronological comparative stand point. It would reveal if and exactly how the trade of goods and services had modified since the beginning of the economic downfall. The primary limitation of this approach is that the work is tedious and special skills of data processing are required".

Sample of Sources Used:

• Beams, N., August 18, 2006, Warnings of a U.S. Recession and Global Slowdown, World Socialist Web Site, http://www.wsws.org/articles/2006/aug2006/usec-a18.shtml last accessed on July 15, 2008
• Bourland, B., April 3, 2008, Impact of the Weak Global Economy, Sausdi - U.S. Relations Information Service, http://www.saudi-us-relations.org/articles/2008/ioi/080403-bourland-economy.html last accessed on July 15, 2008
• April 14, 2008, U.S. Recession and the Global Economy, Career Bright, http://careerbright.blogspot.com/2008/04/us-recession-and-global-economy.html last accessed on July 15, 2008
• 2008, The World Factbook - United States, Central Intelligence Agency, https://www.cia.gov/library/publications/the-world-factbook/geos/us.html last accessed on July 15, 2008

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