File talk:Recession 2008.png

The UK is currently listed as being in recession! The UK is the most financially affected country in western Europe. We have been in recession long before december! 82.28.43.126 (talk) 10:22, 30 December 2008 (UTC)[reply]

Wrong information

The UK is not technically in a recession yet, as only ONE quarter of negative growth has so far been calculated. Also, as per the comment below, the red and pink key is very confusing. I suggest this map be deleted. 88.111.87.57 (talk) 18:59, 9 January 2009 (UTC)[reply]

Indeed, the UK has so far had one quarter of zero growth and one of negative growth. That's as close as you can get to recession without actually being in it, but it isn't technically recession. --Tango (talk) 19:51, 16 January 2009 (UTC)[reply]

I would also add my voice to the image being misleading. As explained on the Wikipedia page for economic recession, the accepted definition is two quarters of negative growth. Based on official data, that means Japan and not much else. Whilst in all probability many of the assessments will be correct in the future, Wikipedia should not be engaging in guesswork. --Lev lafayette (talk) 05:31, 17 January 2009 (UTC)[reply]

Just FYI: Cyprus, Greece, Andorra, Vatican City, Monaco, Malta, and San Marino are all legally within the Eurozone, regardless of whether they are in the EU or not. According to the accepted convention of placing the Eurozone in recession, should these not be included? (I don't know how to update Wikipedia/Wikimedia images without creating a new file, otherwise I would have made these adjustments myself)--Astrofreak92 (talk) 02:20, 5 February 2009 (UTC)[reply]

confused

The red ones are labeled as in recession. The pink ones are labeled as severely affected. Are the pink ones in a much more worst conditions than then red ones or is it the other way around? Please make the labels clearer. <--please sign, whoever commented this.

I'm just as confused as you are. Please, make it clearer too. Tibbydibby (talk) 20:58, 14 January 2009 (UTC)[reply]

As am I, if Russia is not in a recession then I think the term has lost its meaning. The Russian stock market and currency have fallen much harder than their counterparts in the UK and US. --No user name

The country Slovakia was not in a recession (in any sense of the word) in December nor will it be in a recession in 2009, on the contrary, it will probably be the only country in the EU with a positive GDP growth. Since the country at hand is a EU country, which is an organisation with redundantly available data in many places, and the map nevertheless contains such a mistake, the map should be renamed "a map of countries, about which the author of the map has heard something bad" or deleted. Anonymous.

Slovakia

Slovakia is not in recession, it is still the fastest growing country in EU and OECD. --Wizzard (talk) 16:16, 19 February 2009 (UTC)[reply]

However It is part of the Eurozone. And all countries in the Eurozone declared recession, so, Slovakia is in a recession, even if its economy still has good growth.--BubbleDude22 (talk) 04:43, 21 February 2009 (UTC)[reply]

Well, this is plainly wrong. There is no such thing as "all countries in the eurozone declared recession", because first this simply did not happen, second a recession simply cannot be "declared" - a recession is a DEFINED concept and it is almost always defined as a decline of GDP for at least two subsequent relevant time periods. If you want to treat the eurozone as one unit, you have to delete the intra-Eurozone borders, because only then - i.e. for the eurozone as a whole - the current map might be correct (I have not checked the data). Otherwise this is simply a ridiculous map. If the map contains intra-Eurozone borders, then you have to treat the countries as separate economies. But again, if you really think a reccession is something that can be declared, then, indeed, there is another possibility to fix the map: rename it to "a map of countries, about which the author of the map has heard something bad". Anonymous

Fine then, i guess i will fix the map. But its basically also saying that some countries like Portugal or Spain never actually fell in recession, when they are.--BubbleDude22 (talk) 23:59, 27 February 2009 (UTC)[reply]

Further detail

Perhaps rather than having all countries in recession in one solid colour, we could show the extent and severity of each in regards to economic growth. The economic situation in Japan is far worse than that of the United States (as read in a Newsweek column, with global map in colours), for example. We could present such a map as a (-10.0%, -5.0%, 0%, +5.0%, +10.0%) type colour-code in relation to domestic growth figures obtained by reliable sources.

Examples:

Map from Newsweek, Jan 19, 2009, p28 (GDP growth figures, percentage over previous year) [1]:

4.0+: China, India, Indonesia, Peru
2.0-3.9: Brazil, Colombia, Equador, Burma
0.1-1.9: South Africa, Turkey, Poland, Venezuela, Korea
0: Russia
-0.1-(-0.9): Canada, Mexico, Taiwan, NZ, Argentina
-1.0-(-1.9): USA, France, Sweden, Norway
-2.0-(-2.9): UK, Germany, Italy, Chile
-3.0 and below: Japan

-- 李博杰 | —Talk contribs 01:11, 3 March 2009 (UTC)[reply]

Iceland

Is it not severely affected? Therequiembellishere (talk) 04:56, 4 March 2009 (UTC)[reply]