Explain why some countries may experience a more severe recession than others.

Explain why some countries may experience a more severe recession than others.

1. Trading Blocs

2. Economic position of main trading partners

3. The exports as a percentage of GDP e.g. Japan, Singapore, Germany

4. Developing or Developed Country

5. The industry the country specialises in

6. Level of Investment e.g. China

7. National Debt

8. Infrastructure

9. Unemployment levels

10. Corruption, poor governance and civil wars

11. Landlocked with bad neighbours

12. Degree of Absolute Poverty

13. Differences in Policy Responses and governments' main objectives; e.g. cutting interest rates, fiscal stimulus, quantitative easing

14. Evaluation