Description
The world economy is entering a major downturn in the face of the most dangerous financial shock in mature financial markets since the 1990s. This is because financial conditions are expected to remain very difficult, even the actions by the U.S. and European authorities not succeed in stabilizing financial conditions and in avoiding further systemic collapse of their economies.
In advanced countries, the crisis is now being driven by a downward spiral of loss of confidence and trust. The effects are spreading to consumers and firms, which had so far weathered the recent price hikes in oil and commodities well but we were now experiencing sharply slowing demand. However, despite the emerging economies` cooling momentum, industries are still expecting to provide a source of resilience, benefiting from strong productivity growth and improved policy frameworks. But the longer the financial crisis lasts, the more the emerging economies` growth is likely to be affected. Keeping this impetus, academicians, policy makers , corporate executives and research scholars are requested to write papers and to participate in the International Conference on International Trade and Commerce which is scheduled 9 - 12th January 2010 at University - Industry hub, organized at Hyderabad, India by the Department of Commerce, Osmania University, Hyderabad, India.
