ANALYSIS OF MAJOR GLOBAL ECONOMIC CRISES SINCE 1929: CAUSES‚ COURSE OF EVENTS AND CONSEQUENCES 2nd year Economics and Politics students Donatas Bimba Tomas Dubinskas Justas Gaubys Vilnius‚ 2012 Major Crises since 1929 • • • • • • The Great Depression 1973 Oil Crisis The Japanese Asset Price Bubble in 1990s 1997-1998: Asian Financial Crisis Global Financial Crisis European Debt Crisis The Great Depression Causes of crisis • • • • • Rapid growth before crisis. 1929 October until 1932
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The Open Economy The External Sector Introduction Global Economic Integration through: – (1) Opening up international trade in goods and services – (2) Opening up international movement of labour – (3) Opening up international movement of capital Macroeconomic policy focuses on (1) and (3) In a globally integrated world‚ macroeconomic policies of a country have repercussions on other economies too Introduction The extent of these repercussions depends on
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What Moves the Oil and Gas Price? Why are oil prices and gas prices so dramatically increased in the last view years? Oil and gas price will maintain the current level or rise in the next years because of the world economy‚ an increased demand on oil and its production costs‚ the gas demand‚ and the investment in developing alternative energy sources. How long will the oil reserves last? It is currently estimated that the oil reserves in the United States will last for 20 to 30 years
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1 INTRODUCTION TO GLOBAL MARKETING SUMMARY A company that engages in global marketing focuses resources on global market opportunities and threats. Successful global marketers such as Nestle‚ Coca-Cola‚ and Honda use familiar marketing mix elements – the four Ps – to create global marketing programs. Marketing‚ R&D‚ manufacturing‚ and other activities comprise a firm’s value chain; firms configure activities to create superior customer value on a global basis. Global companies also maintain
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Global Marketing Assignment Individual Q1 Assess the market opportunities and threats for the sport-shoe manufacturer‚ Asics which is planning to enter the ASEAN market? Ascis today is the forefront business and world wide performance in sports market industry and its currently the leading the running shoe brand athletes. The choice for providing comfort‚support‚ and supirior rides. Ascis has made further developments in its products for both men and women.It has also reached the core
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Global Directed Energy Weapons Market 2014-2018 Directed energy weapons focus high-energy emissions to launch an offensive against the enemy such that there is minimum collateral damage. Electromagnetic waves (masers‚ lasers‚ radio frequency‚ and microwave)‚ supersonic sound‚ and particles with mass could constitute the energy used to attack the enemy. Directed energy weapons can have vast applications. Some of their potential applications are in damaging armored vehicles‚ missile defense systems
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the challenges that global warming presents to both governments and business Introduction (250 word approx.) This essay discusses the challenges that global warming presents to both the government and also how they affect businesses. Many people think global warming is just the weather becoming warmer‚ but in fact this is not the case. Global warming makes the weather more unpredictable as some places become colder‚ some hotter‚ some more drier‚ some more wetter and so on. Global warming is defined
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BUSINESS ADMINISTRATION GLOBAL MARKETING ETHICS AND CULTURE ASSIGNMENT 1 Module Leader: Mr. Neil Godfrey Lecturer: Mr. Arnold Ramjitsingh Student: JULIA LA RODE ID: 14130907 November 7th 2014 Sacha Cosmetics in Brazil General Introduction The following report is my recommendation as marketing manager of Sacha Cosmetics Limited for the most appropriate market entry strategy to enable our Kamaflage Full Coverage Foundation line entry into the Brazilian market. My purpose for selecting
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The recession in the US market and the global meltdown termed as Global recession have engulfed complete world ecomony with a varying degree of recessional impact. World over the impact has diversified and its impact can be observed from the very fact of falling Stock market‚ recession in jobs availiability and companies following downsizaing in the existing available staff and cutting down of the perks and salary corrections. Globally the financial sector sacking the existing base of employees in
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Yohanan Zemichael PSCI 2602: A03 October 11‚ 2012 The framework of global political economy has evolved through a series of historical periods. For this paper‚ I will be comparing the overall structure and organization of the global political economy during the Bretton Woods period (1945-1975) and the Contemporary period (1975-2010). The main objective will be the United States’ projection of political power throughout these two historical periods. By comparing‚ the Bretton Woods period
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