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Meeting the Challenge: The Response

In: The Global Economic Crisis and the Future of Migration: Issues and Prospects

Author

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  • Bimal Ghosh

Abstract

A distinguishing and redeeming feature of the 2008–2009 recession was the impressive array of measures that governments around the world took to combat it and the speed at which they did so. Not surprisingly, the fall in global output was arrested after five quarters. By contrast, output decline continued for a further eight quarters in the economic crisis of 1929–1930. This chapter reviews some of the measures taken by governments in the wake of the recession and offers some suggestions to improve the situation as the economic downturn continues to place heavy strain on the world migration system. These are presented more in the form of lessons learnt so that they could also be useful in future if the world ever faces a similar economic upheaval as it did in 2008–2009 - or, if the economic downturn remains unabated.

Suggested Citation

  • Bimal Ghosh, 2013. "Meeting the Challenge: The Response," Palgrave Macmillan Books, in: The Global Economic Crisis and the Future of Migration: Issues and Prospects, chapter 5, pages 163-182, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-29130-1_6
    DOI: 10.1057/9781137291301_6
    as

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