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Some positive consequences of the global economic crisis 1 june the global financial and economic crisis has had an unexpectedly large impact on asian. The oecd area economy has entered recession and labour market conditions are rapidly deteriorating in many countries, according to the latest issue of the oecd economic outlook. The global economic crisis rocked the very foundations of the global economy and the international businesses, which depended on trade, were hit badly this article discusses the impact that the crisis had on the international businesses and the strategies employed by them to survive the downturn.
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