Effects of Recession on Banking Sector of China and United Kingdom - Research Paper Example

Banking System in the united kingdom: Reliance, Deregulation, Economic Downturn, Policies, and Remedies to Avoid a Double-Dip Recession Donna Purcell Order # 609414 University Banking System in the united kingdom: Reliance, Deregulation, Economic Downturn, Policies, and Remedies to Avoid a Double-Dip Recession Introduction “One ring-fence to rule them all and in the darkness bind them” (Morrison & Foerster, 2011).... These words were extracted from the final report of the united kingdom's Independent Commission on Banking published on September 12, 2011....

The recession was peculiar for major economies as well; economies of nations such as united kingdom and the rest of West Europe felt the heat in a unique way.... Then the effects of such policies were witnessed at world trade level after Lehman and associates went bust in 2008; this saw poorer countries in Latin America and Africa feel the hitch of shortage of raw materials from china and India.... Japan is the only nation among stable economies accustomed to this type of recession and this is as a result of the past-bubble downfall of the 1990s....

effects of global warming, such as floods, frequent typhoons, hailstorms, tsunamis and other calamities discourage vacationers and affect the tourism industry.... Financial crisis or the slowing down of the economy or recession definitely gives the tourism industry a big blow that may decelerate it....

The aim of the paper "The Global Service Sector Enterprise in the united kingdom" is to summarize the development of enterprise in the UK.... The united kingdom was the largest and most influential economy in the world during the British Empire.... The united kingdom thus got a strong economic advantage over the rest of the world's Countries.... The two world wars led to a breakup of the British Empire, this changed the position of the united kingdom economy from the top as other countries began advancing technologically and the nation has not been able to recover its position as the highest economic power worldwide....

It will focus on the economies of four countries: the United States, the united kingdom, India, and China.... This paper 'Evolution of the Financial Development-Economic Growth' intends to examine the relationship between financial development and economic growth, in the context of the US, UK, china, and Germany.... It is hoped that this present study will be able to establish findings of a similar nature, but concerned with more than savings and investment, relevant to ten countries with the highest GDP rates, and within the milieu of the first two years of the 2008 global financial recession....

These words were extracted from the final report of the united kingdom's Independent Commission on Banking published on September 12, 2011.... The paper 'Banking System in the united kingdom: Reliance, Deregulation, Economic Downturn, Policies' is a meaningful example of a finance & accountingcase study.... These words were extracted from the final report of the united kingdom's Independent Commission on Banking.... The paper 'Banking System in the united kingdom: Reliance, Deregulation, Economic Downturn, Policies' is a meaningful example of a finance & accountingcase study....

Signs as the high current deficits, mainly in the United States and the united kingdom, were a clear show that the economy was under challenge.... The essay "Financial Crisis Effects on America" focuses on the critical analysis of the major effects of the 2008 financial crisis on America.... The 2008 financial crisis presented one of the most challenging economic scenarios for the united States.... Being of a vital contribution to the global economy, the united States economy's challenge had a wide range of implications on other countries' economic situations, including Japan and others in the European Union....