Purpose: The global economic recession appeared several times and became a dark history and tragedy for the world economy; the global economic crisis emerged at least 15 times, from the Panic of 1797, which lasted for recent years, to the depression in 1807, Panics of 1819, 1837, 1857, 1873, or the most phenomenal economic crisis known as the prolonged depression. This depression sustained for a 23-year period since 1873 to 1896. The collapse of the Vienna Stock Exchange caused the economic depression that spread throughout the world. It is very important to note that this phenomenon is inversely proportional to the incident in the United States, where at this period, the global industrial production is increasing rapidly. In the United States, for example, the production growth is over four times. Not to mention the panic in 1893, Recession World War I, the Great Depression of 1929, recession in 1953, the Oil Crisis of 1973, Recession Beginning in 1980, reviewer in the early 1990s, recession, beginning in 2000, and most recently, namely the Great Depression in 2008 due to several factors, including rising oil prices caused rise in the price of food around the world, the credit crisis and the bankruptcy of various investor banks, rising unemployment, causing global inflation. Stock markets in several countries were forced to shut down for few days, including in Indonesia; the stock prices also fell. It is estimated that the economic depression this time is as bad/worse as the great depression of the economy in 1929. Some of these cases are discussed by the authors who wanted to try and see the journals and literature that existed at that time and study the strategies applied during the time of the crisis. Design/methodology/approach: The approach in this article is to try to analyze journals that discussed the global economic crisis that occurred in several countries complete with some of the phenomena discussed. Journals originating from 2000 to 2010 have been considered because two of the economic recessions occurred during this time that shook the world on a massive scale. The writings issued during that period and the case of global economic crisis are considered to describe the atmosphere at that time, along with the settlement offer. Findings: A wide range of global economic crisis are caused by various phenomena that occur, it is so diverse that the phenomena that appear in the journal also assorted presence. It was seen in some of these journals that there were some similarities between these crisis but the completion conditions were different. The problem of emerging problems is another concern; hence, it is quite interesting as a case study to prepare for a future crisis. Further discussion of this will be presented in the article. Originality/value: This article provides new nuances that can be viewed in a comprehensive reference for the global economic crisis events of the long-corner scientific journals and is able to become a guidance for the policy-makers in order to anticipate the arrival of the global economic crisis. If a crisis does occur in the future, this article will certainly be a clue solver, as some cases might approximately be the same.
Keywords: global economic, crisis, pattern