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The global economic crisis vs The global

These two phrases are not directly comparable as they serve different purposes. 'The global economic crisis' is a specific term referring to a worldwide financial downturn, while 'the global' is a more general phrase that lacks context. It would be more appropriate to compare 'the global economic crisis' with 'the economic crisis' or 'the global' with a specific noun like 'the global situation.'

Last updated: March 23, 2024 • 649 views

The global economic crisis

This phrase is correct and commonly used in English to refer to a worldwide financial downturn.

This phrase is used to describe a severe economic situation that affects multiple countries or regions around the world.

Examples:

  • The global economic crisis of 2008 had far-reaching consequences.
  • Experts are concerned about the impact of the current global economic crisis.
  • Government policies were implemented to address the global economic crisis.
  • The global economic crisis led to widespread unemployment.
  • Efforts are being made to prevent another global economic crisis.
  • We have suffered in recent months and over the last year from the global economic crisis.
  • While this can be understood as being a direct consequence of the global economic crisis, the latest figures show little sign of improvement.
  • These trade deficits have contributed to global imbalances that are at the root of the global economic crisis.
  • Only through coordinated action can we successfully overcome the effects of the global economic crisis.
  • This decline is to be attributed to the effects of the global economic crisis.
  • However, the global economic crisis made this subject literally disappear from the European agenda.
  • The drive for deregulation and liberalisation in financial markets has been a key cause of the global economic crisis.
  • Various segments of the media have attributed this dramatic outcome to the global economic crisis, mismanagement and other factors.
  • Ukraine, a key partner of the EU in its Eastern neighbourhood, has been severely hit by the global economic crisis.
  • As a consequence of the global economic crisis, a total of 744 workers have had to be made redundant in the automotive supply industry in Styria alone.
  • Neither that strategy nor the constantly referred to Treaty of Lisbon is a real answer to the global economic crisis.
  • Mr President, there is no doubt that Russia now has its fair share of the global economic crisis.
  • Nevertheless, despite its resilience, and as a result of factors largely outside its control, the European automotive sector has been particularly badly hit by the global economic crisis.
  • Ukraine, a major and important partner of the EU amongst its eastern neighbours, has been hard hit by the global economic crisis.
  • There is a crisis of values, which has been uncovered by the global economic crisis.
  • An important factor which needs to be considered is that young people are one of the social groups hit hard by the global economic crisis.
  • At this extremely difficult point in time, due to the global economic crisis, and with the price of agricultural products and oil in free fall, farmers are experiencing serious difficulties.
  • Observing the present situation in the dairy market, it is clear that our sector is still largely unprepared to cope with the consequences of the global economic crisis.
  • The question refers to the Commission view on possible European economic and financial support to countries of eastern and south-eastern Europe hard hit by the global economic crisis.
  • Ukraine, which is an immediate neighbour of the European Union, also features among the European countries which have been hit hard by the global economic crisis.

Alternatives:

  • the worldwide economic crisis
  • the international economic crisis
  • the global financial crisis
  • the global recession
  • the global economic downturn

The global

This phrase is correct but lacks context. It is not commonly used on its own in English.

When used alone, 'the global' is vague and requires additional information or a noun to provide clarity and meaning.
  • The global news is even better.
  • The global information system on plant genetic resources for food and agriculture
  • 3.31. The global aspects of supply chain security makes a Community framework necessary.
  • The global objectives of the programme are to:
  • The global liberalisation process is the main threat to European alcohol producers.
  • The global economy is spiraling downwards.
  • The global connection limit for all torrents combined.
  • The global context in which public authorities operate changes rapidly.
  • The global trade with ACP countries has decreased.
  • The global implications for the ecosystem are devastating.
  • The global birth-rate now stands at 75 million births per year.
  • The global warming potential of fluorinated gasses is invisible and therefor not known to citizens and consumers.
  • The global pandemic your father believed was about to emerge.
  • The global pool of investment capital...
  • The global climate could dramatically change in the course of a few short years.
  • The global appearance of millions of small cubes.
  • The global market is being built on the basis of cross-border consolidation processes.
  • The global economy is in a period of transition.
  • The global context must continuously be taken into consideration.
  • Consideration 5: The global dimension must be taken into account.

Alternatives:

  • the global situation
  • the global perspective
  • the global view
  • the global context
  • the global impact

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