Category: Economic Crisis

Global Supply Chain in a Time of Economic Crisis This paper is a critique of the article about Managing the global supply chain in a time of economic crisis by Paul Laudicina who happens to be a senior principal with the global consulting firm, AT Kearney. The article is his keynote address at a meeting…

The Global Economic Crisis of 2008 Economic indicators for the current global financial crisis It is not lost on anyone that prior to the start of the prevailing global economic crisis in September 2008, there had already been published countless business journals that sought to warn the various governments and investors alike of the looming…

Economic Crisis and Its Effects on Exports The world is in the grip of the worst economic turmoil since the great depression of the 1930s, it all started from the collapse of the US mortgage giants and quickly spread to various financial institutions and we ended up seeing financial institutions like Freddie Mac and Fannie…

The Irelands Economic Crisis Table of Contents Background Aim of study Introduction to study References Background The Celtic Tiger has bowed to the pressure of the global economic crisis. Ireland had gotten this name in the early 1990 when it had become the fastest growing economy and most wealthy nation in Western Europe. One reason…

On the Impact and Forecasting of the Economic Crisis The 2008 financial crisis shocked the entire world, severely damaging many economies and showcasing the importance of both domestic and international markets in societal well-being. Considering its relatively recent occurrence, the global financial crisis was believed to become a milestone and a reference for adopting measures…

World Economy Problem and World Economic Crisis During 2007 the world economy grew at 5.2 percent which was mainly powered by the rapid economic growth in the emerging economies of China, India, and Russia at 11%, 9% and 8% respectively. Hence, during the year 2007, the economic condition of the world appeared to be very…

Economic Crisis and Its Impact on People Introduction There is hardly any person on this Earth whose life was not affected by the economic crisis which hit the entire world in 2008. The economy of every single country was greatly influenced by the crisis which resulted in high unemployment rates, increased prices for food, a…

The 2007-2008 Economic Crisis Causes of the 2007-2008 Economic Crisis The economic crisis of 2007-2008 had the most far-reaching financial repercussions for the U.S. economy since the Great Depression (Helleiner 2011). The significant increase in sub-prime mortgage defaults caused the bursting of a housing bubble. As a result of the growth in the number of…

Poor Kids: An Intimate Portrait of Americas Economic Crisis In America, the majority of citizens wish to live the elusive American dream. However, the idea of being financially comfortable does not always come true for everyone, especially for families living below the poverty line. It is even harsher on children who live in such families.…

Economic Issues of Housing Crisis in New York There are many microeconomic issues which affect American cities, and one of the most prominent of them is the housing crisis. In New York, the problem with the rising rent and a growing homeless population is particularly notable and attracts considerable attention of local media. In the…