Jaipuria PGDM International Conference

Introduction

The world economy has become complex and global in their implications. Economic shocks, from Greece to China to Russia, are now of greater concern because around the world, traditional policy tools have already been used and financial resources depleted to help economies recover from the last downturn. Strategic decisions have become significant in sustainability of business. Success or failure in resolving these structural challenges will determine the speed of long-term growth in these economies. The world economy has increasingly diverged in the last few years. In the past, global integration has driven convergence.