Sixth European Academic Research Conference on Global Business, Economics, Finance and Social Sciences

We are pleased to extend a warm welcome to you to Rome, the Eternal City, and submit your research abstracts/full papers/case studies/posters on any research topics in the areas of global business, economics, accounting, finance, management and related areas in social sciences.

CONFERENCE OBJECTIVES:

Dig the Well Before You are Thirsty! – Chinese Proverb

Anticipate Challenging Times!

In light of the global economic crisis 2008-09, the major problem before every business is to answer the following question: ‘How to survive challenging times while ensuring survival and optimizing the business operations?' Certainly, every organization should consider a lot of aspects and factors in order to sustain their operations when the markets and business landscape undergo turbulent times.

What Causes Challenging Times?

Research indicates that among other important reasons sub-prime loans, excessive credit and unnatural increase in housing prices caused recession. Such unforeseen developments allegedly aggravated collapses of both banking and insurance sectors owing to massive defaults and losses. Coupled with several other causes, the world witnessed recession and the ramifications are clearly felt, even today. Employment, personal income, industrial output and sales nose-dive during this highly uncertain and volatile periods.

How to Survive Recession!

Financial economists argue that businesses have to re-think the way they do business to survive recession. Some of the most important recommendations include initiating the following steps:

Restricting the credit lines to the clients, obtaining most recent data/information about the clients, gathering pertinent information about emerging trends in the industry, seeking fresh guarantees, working seriously on negative information about the clients such as payment delays, no show-up, no replies etc., assessing industry-wide risks resorting to smaller and frequent sales and offering shorter credit terms help companies to survive during turbulent times.

Given the above background, the upcoming conference will make a bonafide attempt to achieve the following objectives:

a) Identify and analyze the most important causes that contribute to recession in an economy;

b) Examine, through systematic research, the ways and means to overcome turbulent times;

c) Provide an ideal platform for researchers, economists, bankers and practitioners to share their research and practical experiences in all the major issues highlighted as above in tackling recession and difficult phases in a company’s life cycle; and

d) Offer suitable solutions to ensure an orderly growth of the global economy and bring prosperity and sustainable economic development to the world, in the long-run.

Others Details

For more details and updates please visit conference website