StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

G-8 Says World Economic Prospects Still Weak - Essay Example

Comments (0) Cite this document
Summary
Table of Contents
1.0 Introduction 3
Summary of the Article 3
Factors to be Discussed 3
2.0 Discussion on the Economic Problem Issue 4
Cause of Problem 4
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95% of users find it useful
G-8 Says World Economic Prospects Still Weak
Read Text Preview

Extract of sample "G-8 Says World Economic Prospects Still Weak"

Download file to see previous pages ng to the improper banking regulations that existed in European countries along with the United States and Japan. As per the article, measures have been formulated in order to curb issues in relation to budget deficits and develop strong banking union through the implementation of efficient fiscal policy amid G8 nations for effective growth of world economy. These nations have worked collectively in order to strengthen the banking rules which would underpin the whole of the Euro zone. Additionally, the implementation of these changes in structure along with principles in relation to banking policies is perceived to enhance the economic conditions on a global context. The banking sector of European nations, the US and Japan are required to modify or reform their banking practices and systems with the objective of developing world economy and banking union (CNBC LLC, 2013). Factors to be Discussed The discussion will emphasize relevant studies that are parallel to the common economic events which include recession and inflation. One of the primary objectives of this research would be to analyze the moves that will be made for building a proper banking practice towards a strong banking union. The highlighting factors would be to analyze the underpinning issues that are seemed to trouble the overall banking system. Moreover, the various reforms and modifications in the banking principles and systems will be studied which are to be implemented by Japan and European nations. Along with all the other nations, the economic condition of the United States will be analyzed as well. 2.0 Discussion on the Economic Problem Issue The financial crisis situations had adversely impacted the banking operations and principles in an immense manner on global perspectives. Various reforms and policies have been implemented within banking sector with the aim of enhancing its operations and reviving the economic conditions. Cause of Problem The main factors related to the discussed issue in the article include the extensive economic growth of other countries and structural reforms that seemed to put the European countries under extreme pressure. The main areas of concern were identified to be the reformation of banks and its various policies in order to improve the financial policies of the European countries and G8 nations. The major cause of the problem was that the output was not delivered according to the requirements of the banking customers. Funds collected through banks were not allocated in an orderly manner which resulted in improper regulations of the banking functions or operations (International Monetary Fund. European Dept., 2013). Impact on Economy, Society or Even Political Stability The problems related to financial policies and reformation in banking sector seemed to have drastic effects on the economical, societal and political fronts which were a crucial problem for the Euro zone countries. The situations relating to the above factors were very drastic. The nations on the economic front got adversely affected because of the inappropriate banking regulations and various fiscal policies that were unable to ascertain the monetary standards of the nations. The main point of concern was the ineffective performance of the banking sector. The countries were planning to design various policies and regulations in relation to the ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“G-8 Says World Economic Prospects Still Weak Essay”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1481349-writer-s-choice
(G-8 Says World Economic Prospects Still Weak Essay)
https://studentshare.org/macro-microeconomics/1481349-writer-s-choice.
“G-8 Says World Economic Prospects Still Weak Essay”, n.d. https://studentshare.org/macro-microeconomics/1481349-writer-s-choice.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF G-8 Says World Economic Prospects Still Weak

P&G

Running head: CASE STUDY: PROCTER & GAMBLE – VIZIR LAUNCH Companies often come across conflicting feedback while preparing to launch new products in select markets. Conflicts may arise out of doubts about the marketability of a product given the local conditions, threats from market forces that impact profitability, conflict of interests from existing brands/their managers etc. Notwithstanding such daunting issues, businesses have to make decisions based on growth trends of existing product lines, competitors’ moves and the forces of globalization. Key words: Detergents, product launch, competition, barriers, five force analysis, market matrix, change management, first mover advantage, Euro Brand. Case Study: Procter & Gamble – Vi...
2 Pages (500 words) Essay

Third world country week 8

...? Third World Country Countries have been ified into first, second and third world countries on the basis of the political, social and infrastructure based progress in those country. The least developed countries with respect to the various aspects as discussed have been placed in the list of third world countries. Almost all the countries situated in the continent of Asia, the whole of Africa and major parts of South Africa come under the category of third world countries. These third world countries are also referred as the developing and least developing countries (LDCs) (Ferguson, 34-56). One such country is Somalia. Somalia is an under-developed country if the continent of Africa and has been suffering political instability from a few...
3 Pages (750 words) Essay

World Economic Forum

World Economic Forum What are does the WEF mean by 'competitive' The World Economic Forum (WEF), defines 'competitive' as a country's ability to use the forces and factors such as policies and institutions which contribute to and drive a countries ability to sustain and increase productivity. The WEF considers these factors important to a country's ability to ensure continued economic growth and increasing the economic prosperity of the population.
What are the three pillars that make up the Growth Competitive Index
The three pillars that comprise the Growth Competitive Index (GCI) are as follows:
The quality of the Macroeconomic Environment
The state of the country's Public Institutions
The level of its Technologi...
2 Pages (500 words) Essay

Sy2001 G

This does not however imply the so-called cyber infrastructure is the utopia of office environments, albeit on a virtual basis, there are a number of factors that also contribute to the threats towards this modern type of infrastructure, as well as a number of factors that may well culminate within the "failures in the cyber infrastructure" (Goetz & Shenoi p. 351 2008). With this in mind these factors and situations must be analysed to measure the efficacy of either of the scenarios, and weigh up which is indeed arguably the most feasible.
Although a definition is provided within the question and title of this paper, a more comprehensive definition is made available from DeSanctis & Monge (1999) in "Virtual Organization [n]: a...
10 Pages (2500 words) Essay

Can the World Still Feed Itself

... Can the World Still Feed Itself: Summary and Critique The article written by Brian M. Carney en d “Can the World Still Feed Itself” and published online in The Wall Street Journal was based on the results of the author’s interview with Nestles chairman, Peter Brabeck-Letmathe. From the perspectives and views of an authority and expert in food production, Brabeck-Letmathe presented very disturbing insights that stirred one’s reflective skills in trying to discern the veracity of the contentions. As disclosed, the contemporary practice manifested by developed nations, such as the United States and those comprised in Europe, regarding enhancing agricultural production for the purpose to augmenting energy sources would eventually take its...
2 Pages (500 words) Assignment

The Development of G-20 and G-8 Countries

...Comparative Case Study of G-20 and G-8 Countries A good understanding of global economic imbalance is fundamental. It would provide the knowledge necessary to fight poverty, all in the name of promoting world peace. Countries can be categorized as third world, developing or G-20 or G-8 countries. Third world countries are characterized by low employment rates, wars, unforgiving levels of corruption, low investor confidence, high consumer levels, poor education and medication, gender inequality and overreliance on foreign aid. On the other hand, G-20 and G-20 Countries are self-reliant. Industrialization is the main source of revenue. They are manufacturing countries and the huge exports provide for the main...
5 Pages (1250 words) Term Paper

What the Community Says

A Critique of “Health Promotion in Hospitals: A Strategy to Improve Quality in Health Care” by Groene, O. and Jorgensen, S, J.
A Critique of “Health Promotion in Hospitals: A Strategy to Improve Quality in Health Care” by Groene, O. and Jorgensen, S, J.
In a research critique according to Lee (2006), there should be a statement of the aims, methodology, appropriate research design, appropriate recruitment strategy, appropriate data collection and analysis methods, existence of consideration of ethical issues, clear statement of the findings and the importance of the research or the value of the research to the community (Lee, 2006). There are various methods of critiquing qualitative research (Lee, 2006; Ryan, Coughlan & Cr...
1 Pages (250 words) Assignment

Is P&G a world-class organization

The ways by which P&G manage changes
Procter & Gamble is an American consumer good organization offering numerous products in the entire globe. Being a small soap and candle preparing company, P&G became a multinational organization dealing in consumer goods industry. P&G became successful in maintaining such a huge change mainly due to the core strengths such as consumer understanding, innovation, brand building, go-to-market capabilities and scale. Consumer understanding helped the organization to attain a detailed analysis about the preferences and demands of the customers with changing times. After knowing the changed preferences, the organization also tries to develop varied types of innovative products. This strategy he...
2 Pages (500 words) Research Paper

G-Viral

...G Viral Marketing Options Task G Viral Cover Page The E-Connect Corporation Developing Internet Solutions G-Viral Anti-virus software December 10, 2014 John Doe Free Walk Hallway 125w New York City Office line: Cell line: Table of Contents 1.0: Executive Summary 1.1 Vision 1.2 Objectives 2.0 Target Markets 2.1 Market Definition and Segmentation 2.2: Needs and Requirements 2.3. Distribution Channels 2.4. Keys to Success 2.5: Expense Budget by Year 2.0 Situation Analysis 2.1 Market Summary 2.2 SWOT Analysis 2.3 Competition 2.4 Product Offering 3.0 Marketing Strategy 3.1 Mission 3.2 Marketing Objectives 3.3 Financial Objectives 3.4 Target Markets 3.5 Positioning 3.6 Strategies 3.7 Marketing Program Pricing Distribution Advertising...
2 Pages (500 words) Admission/Application Essay

G

Its first product was the Toyota AA and ever since, it has grown and incorporated other brands in its production. Such brands include Scion, Ranz, Lexus, as well as Hino. The company has also invested heavily in other automobile industry such as Isuzu, Daihatsu, Tesla, Sichuan FAW Toyota, and Fuji Corporation.
Toyota Corporation was first incepted in the year 1933. During this year, the corporation was a subsidiary of the Toyoda Automatic Corporation. The Toyoda Corporation was run by Toyoda Kiichiro. The company’s first automobiles were the A1 and G1 that were manufactured in 1935. It was after the first production of the Automobiles that Toyota Corporation moved to establish an independent company that would allow total cont...
12 Pages (3000 words) Research Paper

The Economic Impact of the Emergence of China and India

The main macroeconomic variable that toys in the global economy’s shift are the emergence of India and China as new superpowers. This emergence certainly has a number of implications, but among the most relevant are: disruption of the equilibrium of the global economy which results in rising demand of goods, giving way to worldwide inflation; the attractiveness of outsourcing to these countries due to low cost but high talent workforce of these countries for cheaper operations.
The growing middle class of China and India results in booming demand for the automobile industry. This increase in demand, with the increasing purchasing power of these countries’ people, is not limited to automobiles but more apparent in...
10 Pages (2500 words) Assignment

Managing Emerging Technologies: The World Bank Group

information Technology helps the businesses in cutting costs and creating value to the organization as a whole, by minimizing the digital divide. This helps in developing new and effective business processes as well as in making value propositions especially in the new and modern corporate world whose business network is spread far and wide, such as the World Bank for instance. Information technology plays a vital role in integrating systems and strengthening the strategic ties between service providers and customers, thereby rendering effective services.
The World Bank is involved in various activities providing a wide range of services to several developing and in transition countries across the globe. The bank, owned, fina...
11 Pages (2750 words) Case Study

The Day the Earth Stood Still

There could be no better embodiment of this than Klaatu, who flies an interstellar craft, has an indestructible robot bodyguard who can disintegrate matter at a glance, and even carries first aid that can heal his gunshot wound as if it were a paper cut. Other film aliens of this decade also convey the fear of the “different”. One of our most dangerous visitors is played by James Arness in The Thing from Another World (1951). The Thing is an advanced but vicious form of alien plant life that feeds on blood. Lev calls this movie “the first [film] to link inhuman, devouring, alien beings with the Red menace”. (Lev 178).
The Thing takes on the country’s ambivalence to the increasing importance of sc...
9 Pages (2250 words) Movie Review

The Origins of the Second World War

The accord at present is that it was Hitler's resolve to change the basis of European society that took the war to Europe in 1939. It was not essentially the war he was planning for; the facts propose that Hitler was intending to set up Germany for a huge conflict with Russia in the early 1940s. However, indisputably it was a war forced by his persistent pursuit of strategies that stood on race and on space (Henig, 1997).

The Second World War was originated due to the Fascist attack and the failure of democratic powers to prevent this assault. There seem to be a number of reasons for the Second World War to occur. German rearmament started after Hitler left 1932-34 Geneva Disarmament Conference, declaring that as the po...
7 Pages (1750 words) Article

Economic Analysis of India

The country’s economy is fast growing with a stable political system that encourages foreign investment although with certain restrictions. The country generally has good energy, transport and communication systems which make the cost of doing business affordably.

The Republic of India found South of Asia is by far the world’s most populous democracy and ranks seventh largest in terms of geographical area (Brown, 1994). India is also the second most highly populated country in the world. The country has a rich culture with four major religions having originally emerged from it; Sikhism, Buddhism, Hinduism, and Jainism. The Indian Republic consists of seven union territories and 28 states and ranks twelfth la...
8 Pages (2000 words) Case Study

Is the Business World Flat or Spiky

On the other hand, these globalization standards are opposed by some critics and argue that globalization does not have to be a requirement for putting up a business in other countries, thus it is just a choice for entering a foreign market. Accordingly, standardization is applicable specifically to high-end markets and with accord to the market segmentation such as the trends that the young people patronize (Mullman, 2006) Regardless of the idea that globalization is mostly based on how the company standardizes the products, the home country still holds the profitability of the business as the economy affects how the foreign investors and other national sources back up the business (Stiglitz, 2006).
Making the world flat mak...
9 Pages (2250 words) Assignment

Bernard Madoff : A Scapegoat of the Economic Crisis

Darwin was condemned and treated with contempt by the Church for proposing the theory of evolution that linked all living matter in the earth, including humans. In the case of Bertrand Russell, he was imprisoned as a conscientious objector, for expressing his opposition to British participation in the First World War. These are typical examples of people being wrongfully punished when they were guilty of no crime or fraud or misdoing. It would be highly improper to associate Bernard Madoff with the aforementioned luminaries, for he was truly guilty of carrying out the biggest financial fraud in modern history. At the same time, it would be simplistic to classify him as a victim of the contemporary judicial system. The truth, in fa...
6 Pages (1500 words) Assignment

International Business: World Economic Forum and Davos 2010

...Introduction Globalization, one of the most hotly debated issues means global capitalism to some while others consider it to be the continuation of modernism with the forces of wealth, progress, democracy and happiness at play (Kellner, 2002). Globalization is considered to be beneficial which promotes economic prosperity, cultural diversity and technological advancement. According to the critical social theory, technology and capital work together to create a new globalized and interconnected world. While each force of globalization is important, technological revolution has impacted the business models, value creation and differentiation (Spelman, 2010). The cloud computing technologies that have made the popular social networking...
7 Pages (1750 words) Coursework

Globalization and World Economic Forum at Davos 2010

...Globalization and World Economic Forum at Davos Forces Driving Globalization Globalization has resulted in enhanced interdependencies among thenations of unprecedented scale. This augmented interdependence has caused the dismantling of trade barriers and liberalization of markets. The forces of globalization have impacted the nations, the firms and the individuals alike with the prerequisite of liberalization of trade (Awuah, 2009). The seven forces of globalization are; Markets, Production, Culture, Labor, Technology, Environment and Liberalization. Of these factors, the globalization of markets has engaged substantial attention of the firms and the academia. Some markets are highly globalized, while some are not. The scale of market...
7 Pages (1750 words) Coursework

Comparing the Brave New World and Todays World

... A Brave New World 26 February Introduction Man has always wondered since time immemorial about his ultimate place in the big universe. He had attempted to find meaning in this scheme of things without much success. A key repeated theme is seeming failure to find that true meaning that will justify his existence. What usually happens is that the more Man goes deeper into the search for ultimate meaning, the more he finds nothing. This is confounding, to say the least, and goes to show how useless the search could be. Many people had been doing this search several times and came up with nothing. Out of this seeming hopelessness and uselessness came the philosophical idea of the absurd – that Mans search for individual meaning is bound...
8 Pages (2000 words) Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic G-8 Says World Economic Prospects Still Weak for FREE!

Contact Us