Crisis hides its face

摘要

The global financial crisis is now a year old and after the worldwide economic recession people craved for normalcy which means stability and predictability in the economy.rnNow the output has stopped going down in all the world's big economies and corporate finance is growing ; but close look at the problem shows that all is not well yet. In other words, the global economy has not achieved normalcy. The unemployment rate is still high and a significant part of the manufacturing activity is still sitting idle. Some sources of growth are temporary and precarious.