Tag Archives | necessity entrepreneurship
Gender, Industry and trade
Is female entrepreneurship a coping strategy during crises?
The recent global economic crisis, with its peak in 2008, resulted in a decline in global gross domestic product. It led to unstable financial markets and a lag in private sector demand (World Bank 2010). Its consequences, especially for the labor market, have been most unfortunate. In many countries, workers lost their jobs, wage earnings declined, and work hours shortened (World Bank 2011).
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