After the economic recession which started in 2007-2008, attempts have been made to recover from that crisis by various players both in the public and private sector. However, this recovery process has not been very successful, and there remain major economic challenges facing the global economy today.
EnergyThe global cost of energy has been rising steadily since 2005, and the global economic crisis has not helped matters. The high cost of energy has been blamed for stagflation which continues to afflict many of the major world economies. With some economies like China and India showing a considerable thirst for oil, ...