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Information-Inspiration-Transformation
SmithStreetSolutions has broken down the US and China stimulus packages into ten spending categories in order to compare and analyze their effects. Our research shows that both packages will help bring global recovery by promoting trade. Additionally, China has seized the opportunity to use its package to advance two key long-term development goals, upgrading manufacturing and opening up its rural and western markets, that are critical milestones in the transition from ‘Made in China’ to ‘Created in China’.
arifanee.com is world's leading website on the hottest financial news, perspectives and behind the scenes stories. arifanees.com brings you insight and information to inspire and transform your paradigm by enriching your with the best of facts and the vision.
arifanees.com
Information-Inspiration-Transformation
SmithStreetSolutions has broken down the US and China stimulus packages into ten spending categories in order to compare and analyze their effects. Our research shows that both packages will help bring global recovery by promoting trade. Additionally, China has seized the opportunity to use its package to advance two key long-term development goals, upgrading manufacturing and opening up its rural and western markets, that are critical milestones in the transition from ‘Made in China’ to ‘Created in China’.
Moez Labidi - Professor of Economics at the University of Monastir in Tunisia
In this presentation, Moez Labidi, Professor of Economics at the University of Monastir in Tunisia, discusses the current challenges of the democratic transition in Tunisia.
GDN-AUB Panel Discussion on "The road to democracy: The Arab region, Latin America and Eastern Europe".
Beirut, Lebanon
May 18th, 2012.
Following Presentation deals with brief outline over what is known as "Global Recession". It has novice friendly language and attention seeking approach.
The major reasons for the recession that hit worldwide especially the US and Eurozone.
The subprime Crises, US housing Crisis with Facts and Figures and The Fix.
Moez Labidi - Professor of Economics at the University of Monastir in Tunisia
In this presentation, Moez Labidi, Professor of Economics at the University of Monastir in Tunisia, discusses the current challenges of the democratic transition in Tunisia.
GDN-AUB Panel Discussion on "The road to democracy: The Arab region, Latin America and Eastern Europe".
Beirut, Lebanon
May 18th, 2012.
Following Presentation deals with brief outline over what is known as "Global Recession". It has novice friendly language and attention seeking approach.
The major reasons for the recession that hit worldwide especially the US and Eurozone.
The subprime Crises, US housing Crisis with Facts and Figures and The Fix.
Macroeconomics and international trade analysis of turkeyIshaan Singhal
Over the past couple of decades, Turkey has been an emerging economy with many struggles and successes. In this country analysis, we will detail how their economy fared over those decades and where we see the economy in the future. We hope to highlight their steady growth periods and their economic and financial crises during this time. We will take a look at some economic indicators and give a background of monetary and fiscal policies they have used.
Resilience of the Turkish Economy During the Global Financial Crisis of 2008 ...M. İbrahim Turhan
M. İbrahim TURHAN - Borsa İstanbul Yönetim Kurulu Başkanı ve Genel Müdürü, BIST Başkanı, Chairman & CEO, www.ibrahimturhan.com
Resilience of the Turkish Economy During the Global Financial Crisis of 2008 EMFT. M. İbrahim Turhan - 2012
M. E. Sharpe.
Economic
The recovery since the 2008 Great Recession has been marked by lacklustre growth in credit and has been significantly below trend compared to previous recessions.
Employment economic indicators have also been below trend compared to previous recessions and recovery periods.
Financial Crisis is a situation which leads to complete turmoil in a.pdfanushafashions
Financial Crisis is a situation which leads to complete turmoil in an economy. The consequences
of the turmoil vary depending on whether the economy is an advanced economy or an emerging
market economy. However it should be borne in mind that in a globalized world it is rather
impossible for anyone to become unscathable from a turmoil even if it does not occur in one\'s
own economy. The ripply effect is definitely there howevery small it may be.
While the basic flow of financial crisis is the same in an advanced economy versus an emerging
economy we\'ll drill down on the basics:
1. Stages of Financial Crisis in an advanced economy:
The financial crisis is basically initiated when there is an excess of something and it goes
completely out of control. Consider the 2008 US sub-prime crisis. There were financial products
which were sold to everybody visible. These led to deterioration of the financials of the company
selling them. These companies took on an unsurmountable amount of risk and they even thought
about keeping on betting in the hope that all will be bullish. But as is with every thing. what goes
up must come down. There is a deterioration in the finances of financial institutions. There is an
increase in uncertainty. Asset prices decline massively. The problem of moral hazard comes to
the fore. Economic activity declines. There is again the same moral hazard issue. All the bubbles
of asset price reach their doomsday and there is zero visibility as to how the economy would
recover.
There is complete uncertainty in term of employment. There is large unemployment. People
have no trust in the banking system. All they want if their money back. The US government now
wanted to bail out the enstranged banks by using taxpayers money. FII\'s sell all their
investments in such country. This leads to massive slide in stock markets. People lose trillions of
dollars in their trade. The complete economy is in doldrums. There is nothing that they do. The
entire financial system comes to a screeching halt.
Once the damage has been done it takes years and a lot of Quantitative easing programmes to
propel the economy back on track. This means pumping in excess liquidity to bring banks back
in the system. Bailing out banks. Once economic activity picks up all the rock bottom asset
prices would start picking up. This would take a few years. The economy returns on track and
then the boom period starts again.
Stages of Financial Crisis in an Emerging economy:
While there are no major differences between the financial crisis stages explained for the
Advanced economy and that for the Emerging Economy, there are only a few important points to
note.
The major difference is that a crisis in emerging markets leads to the currency of that country
suffer big time against the US Dollar. This is because it loses its value relative to the dollar. The
country would take a long time to bring back the value of the currency. This would mean
pumping in excess liquidity and.
Global Financial Crisis and its impact on economic growthKruti Kamdar
What is Financial Crisis?
Definition: A situation in which the supply of money is outpaced by the demand for money.
This means that liquidity is quickly evaporated because available money is withdrawn from banks, forcing banks either to sell other investments to make up for the shortfall or to collapse. A financial crisis is often associated with a panic or a run on the banks, in which investors sell off assets or withdraw money from savings accounts with the expectation that the value of those assets will drop if they remain at a financial institution...
Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
2. Basic Definitions
What is a Crisis?
A Crisis is an event that can destroy or affect an entire
organization.
Characteristics of A Crisis
Little time in which to act or
1 respond
2 Missing or uncertain information
3 A threat to resources or people.
3. Basic Definitions
What is An Economic Crisis?
An economic crisis refers to a period in which undesigned
and imponderable progress causes to negative macro - and
microeconomic consequences.
4. Types of Economic
Crises
1 Banking crises
2 Speculative bubbles and crashes
3 International financial crises
4 Wider economic crises
5. Types of Economic
Crises
1 Banking crises
Banking crisis is a type of financial crises in which a large
number of panicky customers try to withdraw their funds
from the bank they believe may fail.
6. Types of Economic
Crises
2 Speculative bubbles and crashes
What is a bubble ?
An economic bubble is “trading with high prices that are
considerably at variance with intrinsic values.
Bubbles generally have a negative impact on the economy
because they tend to cause misallocation of resources into
non-optimal uses. In addition, the crash which usually follows
an economic bubble can destroy a large amount of wealth
and cause negatively economic circumstances.
7. Types of Economic
Crises
3 International financial crises
When a country that maintains a fixed exchange rate is
suddenly forced to devalue its currency because of a
speculative attack, this is called a currency crisis or balance of
payments crisis.
8. Types of Economic
Crises
4 Wider economic crises
Recession & Depression
What is a recession ?
A downturn in economic growth lasting several
quarters or more is usually called a recession
What is a depression ?
An especially prolonged recession may be called a
depression.
9. Causes of Economic Crises
Inactive Monetary Management
Incapable Auditing
Disordered Balance Sheets
Inactive Financial Management
Inactive Leadership Organizational Structure
Breakdown in Production & Services
Coordination Failure
Organizational
Unplanned Management Extreme Growth
Causes
Management Without Vision Hierarchy
Lack of Communication Centralism
Liquidity Problems
Shortfall of cash
Receivable collecting problems
10. Causes of Economic Crises
Ecologic Changes and Natural Disasters
Flooding
Earthquake
Economic changes
Climatic irregularity
Hyperinflation
Deregulation
Technologic Changes
Intensive Competition
Biotechnology Localization
Non
Communication Technology Organizational Demand Downturn
Causes
Information Technology Supply Downturn
Inventions Globalization
Economic Liberalization
Political Changes Increasing Tax Rates
Military Coup Depression
Governmental Crisis
Political Unstability
11. Consequences of
Economic Crises
Effects of Economic Crisis :
Unemployment and Income
Loss ( mass impacts )
overcome the turbulence
with the least effect
text
12. Crises
The Great Depression was a worldwide economic
depression originated in the United States and started in
1929 most countries in 1929 and continued till 1930s or early
Crisis 1940s for different countries. It was the largest and most
important economic crisis in history, and is used as an
example of how far the world's economy can fall.
13. Crises
The Turkish economy remained an inward-oriented
closed economy until the government launched an
economic reform and stabilization program on 80s to
liberalize the Turkish economy. The stabilization
program
1994 has a favorable impact on the Turkish economy,
Crisis transforming it into an export-oriented, private-sector-
driven economy. as the economy flourished, however,
increasing political competition forced the government
to compromise the stabilization program and pursue
fiscally damaging populist economic policies, which
resulted in an economic crisis in the beginning of 1994.
14. Crises
The government responded to the economic crisis by
launching an IMF backed economic stabilization
program. As the economy recovered and economic
stability improved, the government delayed continued
implementation of the structural measures of the
1994 stabilization program, which resulted in the further
Crisis deterioration of the Turkish economy until the
worsening fiscal situation eventually culminated in
another major economic crisis in 2001.
15. Crises
1997 asian crisis was a period of financial crisis which has
started in july 1997 in thailand with the financial collapse
1997 of the Thai baht through the decision of the government
Crisis to float money to devaluate the national currency.
16. Crises
The 2001 crisis of Turkey preceded by a financial turmoil
that burst in the second half of November 2000 just at
the midst of an exchange rate based stabilization
program. As of the end of December
2000, the average interest rates were almost four times
higher than their levels at the beginning of November
2001 and more than five times higher than the pre-announced
Crisis year-end depreciation rate of the lira.
This unsustainable situation ended on the February 19,
2001, when the prime minister announced that there
was a severe political crisis. Three days later, the
exchange rate system collapsed and Turkey declared
that it was going to implement a floating exchange rate
system.
17. Crises
The global financial crisis of 2008 became in september
'08 visible. With the bursting of U.S. Housing bubble the
mortgage crisis has occured. Consequent failures of U.S.
and European investment banks, insurance firms and
mortgage banks it rapidly evolved into a global crisis
resulting in a number of European bank failures and
2008 declines in various stock indexes, and large reductions in
Crisis the market value of equities and commodities
worldwide. The crisis has led to a liquidity problem and
the de-leveraging of financial institutions especially in
the United States and Europe, which further accelerated
the liquidity crisis.
18. Precautions
Macro
Generally macroeconomic unstabilities lie behind economic
crises. In that case the priority is to reestablish the macroeconomic
stability. Political stability is the way to provide macroeconomic
stability. Structural reforms about regulations, fiscal discipline,
trust and stability must be legislated by all means. Monetary
discipline is important. Government obligations have to
Be constitutional just like it is in European Union. ( Maastricht
Treaty) Public borrowings rate should have strict discipline thanks
to the constitutional obligations. Tax System should be reordered
considering principles of equity, justice, stability and efficiency.
Diminishing pressure of taxes and reducing untaxed economy
would be helpful.
19. Precautions
Micro
Although macroeconomic precautions are a necessary for the
economic stability microeconomic regulations are also required
to cure economic crises. Effective applying of Total Quality
Management as the modern management mentality,Effective
applying of innovative management technics in organizations
Getting high quality, low costs, speed and effective services and
restructuring thanks to the reengineering process
20. Effects of Crises
The biggest effect of crises is
1929
USA 1994
Turkey
2008
USA Unemployment
1997
ASIA
2001
Turkey
25. Historical Events
USA
1929 USA
2008
The Great Depression ASIA
A worlwide economic 1997 Global Financial
downturn TURKEY Crises
2001 Spread of the U.S.
Subprime
TURKEY Asian Financial Crisis
Mortgage Crises
Develuations and Banking
1994
Crises across Asia 2003.10 Add
Your Text
2003.10 Add
2002.10 Add Your Text Your Text
2002.10 Add Your Text 2003.10 Add
2002.10 Add Your Text Your Text