The Global Economic Crisis Smash Effect Simulator (GECSE-Simulator)

This paper proposes the uses of the global economic crisis smash effect simulator as a theoretical framework to evaluate the final effects of any global financial crisis on the world economy. We present different scenarios and results according to different levels of devastation that the global financial crisis can generate on world economy. It is based on the evaluation of unemployment and world wide poverty dissemination. The global economic crisis smash effect simulator requires the use of economic modeling in real time and multi-dimensional economic modeling to visualize different scenarios and evaluate the final impact of any global financial crisis