Abstract
The purpose of this article is to describe the basic elements between the imminent economic recession and its structural variables, the method used was the documentary quantitative analysis of financial reports, and the results shown are the correlation between the variables, and the explanation given. phenomenon, as a compulsion we can find the variability in the dollar, in the relationships between political and economic elements, the complex variables that affect both inflation and consumers worldwide and that can produce short-term social problems, so this article aims to show the world the economic situation and its dangers if the course of economic policies and peace agreements in the world is not changed. The economic model in Russia is presented and the factors that have affected the economic system are discussed. In addition, it also introduces the possible recession that is coming. The world is facing a series of structural changes, which are producing an interaction between various organizational elements worldwide, which are interconnected, and which affect supply chains, inflation, global production, new business models, new economic realities, interest rates, loop-like behavior in markets, strategies of retailers, SMEs, large companies and the value chain, are causing scarcity, affecting salary based on psychological and social values subjective as the great renunciation at the world level; in Canada alone, they have a report of 1,000,000 unfilled jobs. Because of the war, there are also problems with the supply of raw materials; metals, fertilizers, food and oil are changing market strategies. The interconnection of free trade has been broken, which is affecting the world in terms of price. Consumers are, on the one hand, unable to cope with increases in the prices of the basic basket and the cost of living, such as the price of housing worldwide, this is generating a complex loop under a turbulent system. This research was documentary.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Journal of Human Resource and Sustainability Studies
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
