This conference in Paris, France aims to closely examine the major factors that contribute to recession and undertake research activities to arrest them, at an early stage. To encouraging active and socially relevant research works on the above crucial issues and come up with meaningful solutions to help economic activities to accelerate and create sustainable employment opportunities and economic growth, in the long run. To provide an ideal platform for researchers, economists, bankers and practitioners to network and share their research and practical experiences to develop models and systems for addressing recession-related issues. To offer suitable solutions so that the world becomes a better place for the humanity to lead a cohesive and normal life.