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English Proyect Day - Presentation


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English Proyect Day - Presentation

  1. 1. Economic Crisis: Effects in Colombia<br />Braulio Angulo<br />Lina Oviedo<br />Catalina Carmona<br />ENGLISH V– 2009/2<br />
  2. 2. Contens<br />General Concepts<br /><ul><li>Origin
  3. 3. Historial data</li></ul>Colombia Effects<br />Industry sector and the crisis<br />Economic Crisis: Effects in Colombia<br />ENGLISH V– 2009/2<br />
  4. 4. PRIMERA OLA<br />August 2007: The housing bubble burst in the United States<br />September – December 2007: The Fed lowers interest rates<br />It decreases the growth. Devaluation of the rate of change to adjust external bills.<br />January – September 2008: The crisis extends to the overall financial sector<br />The hit countries are the clerks of it USES.<br />September 2008: It is the breaking point. Lehman Brothers fail<br />February 2009: The U.S. Congress approves the fiscal stimulus package<br />SEGUNDA OLA<br />It triggers a crisis of confidence in the financial sector<br />Loss of briefcases in Europe generates the investors&apos; aversion to invest in emergent countries<br />October – December 2008: The governments of developed countries announced fiscal stimulus packages<br />January 2009: Developed countries officially entering recession<br />WORLD CRISIS: TWO WAVES<br />ENGLISH V– 2009/2<br />
  5. 5. THE CRISIS IN COLOMBIA<br />OUR STRENGTHS<br /><ul><li>Execution of the Banks of the regulations.
  6. 6. Invigoration of the patrimony of the banks.
  7. 7. Improvement internal processes of administration of risks.
  8. 8. Consolidation of the system: Those survived but strong.
  9. 9. Politics of Independence of the Main Houses.
  10. 10. Not existence of speculative bubbles.
  11. 11. Comfortable situation of liquidity.
  12. 12. Moderate Fiscal deficit.
  13. 13. It appraises of Flexible Change.
  14. 14. Closed economy.</li></ul>ARE WE PREPARED?<br />ENGLISH V– 2009/2<br />
  15. 15. THE CRISIS IN COLOMBIA<br />OUR WEAKNESSES<br /><ul><li>Rigid, slow and antiquated economy: Strong blow = Long recovery.
  16. 16. Closed: Adjust of the demand it is but traumatic.
  17. 17. There are not structural measures.
  18. 18. There was not saving in the upward part of the cycle.
  19. 19. The shy measures generate distrust.
  20. 20. Exports: High dependence
  21. 21. Pyramids</li></ul>ARE WE PREPARED?<br />ENGLISH V– 2009/2<br />
  22. 22. ENGLISH V– 2009/2<br />
  23. 23. ENGLISH V– 2009/2<br />
  24. 24. Titulo<br />Fuente: DANE- Dirección de Síntesis y Cuentas Nacionales<br />ENGLISH V– 2009/2<br />
  25. 25. THE CRISIS IN COLOMBIAARE WE PREPARED TO FACE IT?<br />RECOMMENDATIONS<br /><ul><li>To avoid measures of short term and populists.
  26. 26. To watch over financial sector-Non intervention of the BC in adjustment of Rate of Change.
  27. 27. Attraction of capitals stops after having overcome the crisis.
  28. 28. Crisis: Opportunity to achieve goals.</li></ul>ENGLISH V– 2009/2<br />
  29. 29. Employment, Production and Sales<br />ENGLISH V– 2009/2<br />
  30. 30. EFFECTS OF THE CRISIS IN THE MANUFACTURER INDUSTRY <br />Decrease in exports<br />Decrease in financialresourcesforeign<br />Increased production costs (gasoline prices) <br />ENGLISH V– 2009/2<br />
  31. 31. Effects of the crisis<br />Therisingunemployment (-6.1% March 2009)<br />fall of the dollar<br />ENGLISH V– 2009/2<br />
  32. 32. BIBLIOGRAPHY<br />Radio Santafe. In economic crisis, most affected unions point to new markets. October 10, 2009. Avalaible at : <br /> economica-gremios-mas-afectados-apuntan-a-nuevos-mercados/<br />DANE. PIB. September 2009. Avalaible at:<br />DANE. PIB. Bogotá D.C. Septiember 24, 2009. Avalaible at: <br /> DANE. newsbulletin: Manufacturing. June 2009. Avalaible at:<br />ENGLISH V– 2009/2<br />