decreased which led to a decrease in demand .The vicious cycle of low demand –decrease in production –job cuts began . Is the present Indian economy in the midst of an economic crisis? Yes ‚ we are whether the government would like to admit to it or not . How else would you describe a situation where economic growth has collapsed‚ industrial output has stagnated for two years‚ jobs are being shed‚ consumer inflation is close to 10 per cent‚ gold prices are rising by the hour ‚ the current
Premium Macroeconomics Investment
its political and economic situation affect the prices of oil and the U.S stock market as well. The latest situation in Egypt and other Middle East countries where anti-government protestors demanded that longtime dictators resign their positions have encouraged Libya to do the same; however‚ taking Libyan leader Muammar al-Qaddafi is taking more than expected. Libya is member of OPEC (Organization of Petroleum Exporting Countries) which is extremely concerned with Libya crisis since it holds the
Premium Petroleum United States
The Greek Economic Crisis Abstract The topic of my reaction paper covers the current state of the economy in Greece‚ its short-comings‚ and how I would remedy the situation if I were in charge. I state that the main problem is Greece’s austerity policy that the government has been enforcing due to the countries large debt burden. I suggest that the country should enact an expansionary fiscal policy to dig them out of recession‚ and I explain how this type of policy would benefit Greece given
Premium Keynesian economics Great Depression Monetary policy
Economic and Social Impact of the Financial and Economic Crisis on Egypt A Study Prepared for the ILO By Samir Radwan April 2009 Table of Contents Executive Summary......................................................................................................................................................................... 3 I. II. Introduction ......................................................................................................................................
Free Economics Unemployment Economic growth
Introduction This essay explains the pitfalls associated with derivatives instruments by making reference to the 2007 Global Financial Crisis. Derivatives are financial securities that are linked to a specific instrument or indicator or commodities called underlying instruments (Hull‚ 2009). There are as many derivatives as they are underlying instruments. Derivatives are essentially financial contracts which are entered into between two parties with respect to some other underlying instruments.
Premium Derivatives Credit rating Futures contract
the world economy is a major downturn in economic activity‚ including economic recessions in many of the most powerful countries in the world. At the end of 2008‚ the U.S‚ Japan‚ Germany‚ France‚ and the European Union as a whole‚ observed that the economy was moving at a slow space and at that point the declared recession. The financial crisis also known as the subprime crisis became noticeable when the U.S housing bubble sparked a fierce global economy crisis affecting the financial and industrial
Premium Subprime mortgage crisis Bank
The Economic Crisis in Spain Spain is one of the powerful state with an expanssion economy in EU from 1995. His GDP was growing year by year without any problem ‚ but in 2007 the economy of Spain start to fall down‚ because of a collapse in Housing Market‚ that can lead to a recession or a slowdown. The economical boom of spain started in 1995. The construction of buildings brought Spain the biggest increase in economy in EU ‚ in the last 10 years .The main ressource of Spain’s GDP was the
Premium Inflation Central bank Economics
| | |GREECE ECONOMIC CRISIS | |Causes & Implications | |
Premium European Union United States public debt Government debt
In the years leading up to the crisis‚ high consumption and low savings rates in the U.S. contributed to significant amounts of foreign money flowing into the U.S. from fast-growing economies in Asia and oil-producing countries. This inflow of funds combined with low U.S. interest rates from 2002-2004 resulted in easy credit conditions‚ which fueled both housing and credit bubbles. Loans of various types (e.g.‚ mortgage‚ credit card‚ and auto) were easy to obtain and consumers assumed an unprecedented
Premium Economics Subprime mortgage crisis Bank
Imperialism. Provide at least one example. 3. Explain why Britain was able to extend its influence in the Middle East in 1919. 4. Explain why Britain wanted to extend its influence in the Middle East at this time. 5. Explain how British influence contributed to the rise of nationalism in the Middle East in the period 1919 to 1939. 6. How did Germany ’s determination to compete with Britain and France for empires contribute to the start of WWI? 7. How did Serbian nationalism‚ combined with Austro-Hungarian
Premium World War II United States World War I