Financing health and drug policy in the wake of the economic recession (poster)

The financial crisis that hit the global economy in the summer of 2007 has no precedent inpost-war economic history. It differed from other fluctuations in its magnitude and the degree to which it was synchronous around the world. In 2009, the world economy contracted, havingan overall GDP growth rate of −0.4 %, while the rate in the European Union was −4.3 %. In 2013 and 2014, the EU economy started growing again after the less pronounced recession registered in 2012. The 2008–09 recession presented a grave challenge to public finances. Many governments reacted by implementing stringent fiscal consolidation plans, frequently based on the reduction of government spending.

This poster was created for the Lisbon Addictions Conference 2015.