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Short answer: in much of the world, the recession is already over, but telling how quickly a recession will end is difficult to figure out (and has no real definite answer).

There is no specific time, date, or general pattern by which to tell when the economy will 'revive' from the current recession, but generally growth rates around the world have become positive again, so the recession, to a large degree, has already ended. New problems are emerging that could make the situation worse (i.e.) low interest rates, Greek sovereign debt crisis, et al) but generally the only methods to analyse the economy's predicted course lay in mathematical or statistical models, only some of which work to any significant degree and most of which have difficulty in gathering proper data. In general, even the business cycle doesn't really exist and, even if it did, judging when recessions end is difficult without lots of future data.

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14y ago
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13y ago

That is a question for the Government of the UK, but it will not happen any time soon whilst they keep giving billions of pounds to help other Countries in the same mess of recession.

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Q: When will the economy revive?
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