The Probability of Crisis in 2012-2013 in the Usa
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Research Paper
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THE PROBABILITY OF FINANCIAL CRISIS IN THE USA IN 2012-2013
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Ilias Habbasov
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BBA course submitted to Elżbieta Jendrych, PhD on 3 December 2012
Winter Semester
2012/2013
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I hereby certify that this paper is the result of my own work and that all sources I used have been reported.
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Signature
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© Kozminski University 2012
The probability of crisis in 2012-2013 in the USA
Ilias Habbasov
Abstract
This research assessed the probability of occasion of the financial crisis in the USA within 2012-2013. Such an anxiety was caused by balance of trade. The study utilized qualitative and deductive methods including interview with an economist. The entire data was taken. More than half of information was taken from the USA government’s websites. The investigation was implemented and it was concluded that current problem completely depends on the government’s actions. All the information presented here are valuable for those who would like to know about the current economic situation in the USA.
Key words: financial crisis, default, government.
Table of contents
Abstract......................................................................................................................................3
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Research Paper
-------------------------------------------------
THE PROBABILITY OF FINANCIAL CRISIS IN THE USA IN 2012-2013
-------------------------------------------------
Ilias Habbasov
-------------------------------------------------
-------------------------------------------------
BBA course submitted to Elżbieta Jendrych, PhD on 3 December 2012
Winter Semester
2012/2013
-------------------------------------------------
-------------------------------------------------
-------------------------------------------------
I hereby certify that this paper is the result of my own work and that all sources I used have been reported.
-------------------------------------------------
-------------------------------------------------
--------------------------------------------------
Signature
-------------------------------------------------
© Kozminski University 2012
The probability of crisis in 2012-2013 in the USA
Ilias Habbasov
Abstract
This research assessed the probability of occasion of the financial crisis in the USA within 2012-2013. Such an anxiety was caused by balance of trade. The study utilized qualitative and deductive methods including interview with an economist. The entire data was taken. More than half of information was taken from the USA government’s websites. The investigation was implemented and it was concluded that current problem completely depends on the government’s actions. All the information presented here are valuable for those who would like to know about the current economic situation in the USA.
Key words: financial crisis, default, government.
Table of contents
Abstract......................................................................................................................................3
References: Bureau of Economic Analysis. (2012). United States GDP Growth Rate. Retrieved from http://www.bea.gov/national/txt/dpga.txt The Conference Board. (2012). The U.S. Economic Forecast. Retrieved from http://www.conference-board.org/data/usforecast.cfm Financial Crisis Inquiry Commission. (2010, February). Conclusions of the Financial Crisis Inquiry Commission Ryan, J. (2011, September). Senate sinks debt-ceiling disapproval bill. The Hill. Retrived from http://thehill.com/blogs/floor-action/senate/180471-senate-sinks-debt-ceiling-