The researcher of this descriptive essay mostly focuses on the discussion of the topic of the financial crisis of 2008 and analyzing the issue of its effect on the UK economic growth. The author begins with the short historical overview and gives his recommendations at the end of the essay…
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The author of the essay "The Effects of The Financial Crisis of 2008 on the UK Economic Growth" begins with short abstract and introduction. The author mentions that the financial crisis of 2008, also known as the great recession is considered by a number of economists as being the worst financial crisis after the Great Depression in 1930. Leading to the collapse of a number of financial institutions, bailout of banks and downfall in the stock markets it reflected through the growth and development of many of the advanced, developing and underdeveloped nations of the world. It significantly hit the housing market of nations, resulted in many evictions and foreclosures and high and prolonged unemployment too. The present project seeks to bring forth the impacts of the financial crisis on the economic growth of United Kingdom. Economic activity in the United Kingdom faced a downfall during the first half of 2008 and finally came to a standstill till its end. Initially a small stimulus was provided by the government; however, with the gathering momentum of the financial crisis, UK’s labor market dramatically weakened finally leading to a considerable extent of unemployment. The project seeks to bring forth the evaluation of the financial crisis of 2008 on the economic growth of United Kingdom. In the end, the author sums up that even though the fall in employment levels during the crisis of 2008 was much lower compared to the previous phases of recession, the impact on the nation’s growth was found to be significant.
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(The Effects of The Financial Crisis of 2008 on the UK Economic Growth Dissertation)
“The Effects of The Financial Crisis of 2008 on the UK Economic Growth Dissertation”, n.d. https://studentshare.org/macro-microeconomics/1594812-the-effects-of-the-financial-crisis-of-2008-on-the-uk-economic-growth.
The aim of this study is to investigate the impact of the global financial crisis on the UK property market. This will involve seeking data that will reveal the direct financial impacts of the crisis on the property companies, the impact on property consumers in terms of confidence and patterns, the strategic management adaptations to the crisis and the impacts of such responses.
Their shopping habits have changed, and they have become more cautious about spending on leisure. Fig.1Shopping Values (Credit Crunch and Financial Crisis Effect on Consumer Buying Behaviour 2005). 2. Job uncertainty- Consumers experience a lot of pressure on their job security.
The capital structure of a company represents the mix of the different sources of capital that the company makes use of for financing the activities of the company targeted towards achievement of its goals and objectives. It is concerned about the relative proportions of debt and equity in the financing of the activities.
The plan of overcoming the crisis was highly ambitious. The measures announced by the Government were clearly focused on increasing the global competitiveness of the country, first of all its finance industry The UK is well-placed in benefiting from the recovery of the global economy due to the strength of its economic and trade links with China.
The focus of the research will be to explain if there is any relation between the current account deficits and the growth crisis. The research concludes that import of final goods as well as the foreign demand played the strongest role in the development of exports during the Euro zone crisis between 2008 and 2009. The paper will also take into account the causes behind the crisis and the impacts it sheds around the globe.
Despite the benefits, globalization has also created the phenomenon of the global financial crises and the worldwide economic recession that typically follows it. Prior to the globalization of the financial system, banking panics were usually contained within individual nations, and faulty national policies had little repercussions beyond the boundaries of that particular jurisdiction.
This crisis, which started within the banking sector, occurred mainly owing to the lackadaisical nature of the regulation on the money lending processes adopted by the various banks. In UK, this financial crisis resulted owing to many incidents (the causal factors) that had occurred simultaneously, all of which contributed to this disaster.
dollar. It has started in the United States (U.S.) and rapidly spread to Europe, United Kingdom (U.K.), Asia and other economies around the world in the late 2008 will have a broad impact, particularly in the short term (Peters, 2010, pp.1-2). It is having strong consequences through the bank lending channel such as the banks of U.K.
Would Islamic financial system be able to prevent the current global financial crisis? The global financial crisis of 2008 is largely attributed to the vulnerability to risk in the capitalist financial systems and an inherent lack of discipline in its investment and lending practices.1 Islamic banking and finance on the other hand, is described as more risk averse and highly disciplined in its investment and lending policies and practices.2 Studies comparing the performance of Islamic banks and conventional banks during the 2008 global financial crisis suggests that Islamic banks were more efficient,3 more profitable or more stable.4 Rawshan argues however, that Islamic banks were largely avo
The author explains that financial repression is a term that was first coined in the 1970s by McKinnon and Shaw, but was actually a condition that existed prevalently before that. As a matter of fact, financial repression was the norm and financial liberalisation, its opposing term, the exception prior to the 1980s.
15 Pages(3750 words)Essay
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