Table of Content Introduction.................................................................................. 1.0 Impacts Of Credit Crunch On U.S........................................ 1.1 Impact on U.S Economy...................................................... 1.2 Impact on Interest Rates...................................................... 1.3 Impact on Banking Sector.................................................... 1.4 Impact on Mortgages and Credit Lending Agencies
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Japan's lost decade and the present financial crisis As world and consumer prices continue to drop, there is renewed fear of deflation. The nightmare scenario is Japan's 'lost decade'. Michael Lim Mah Hui explains what happened in Japan and considers the prospect of a similar fate. IN the last 37 years (1970-2007), there have been 124 banking crises, an average of 3.4 every year (Laeven and Valencia, 2008). Some have been minor, others very serious and long-lasting, like the one in Japan from
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THE EFFECT OF ENERGY PRICES ON TRANSPORTATION AND STORAGE SECTOR’S EQUITY RETURNS: THE IRANIAN CASE by ABSTRACT The purpose of this study is to examine the effect of oil and gas prices on transportation and storage sector’s equity returns in Iran. To this end, we analyze Iranian transportation and storage sector index for the period from the first week of January 2005 until the third week of March 2010. Based on the multifactor model and using time-series regression, our findings indicate that
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India has a second population in the world and has various cultures. Also economy of India has become prosperous recently, famous for IT industry. However, on the other hand, there is a tremendous gap between the rich and the poor. And India has a great problem. It is water problem. “Now, about 700 million people in the world live on the situation of water shortage. Since people can get only insanitary water, 4900 children (about 1,800,000 people per year) pass away every day
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Counteracting the global economic crisis: values, institutions, policies. When talking about the broad and complicated subject of economic crisis, it is important to mention ideas concerning neutralization of its consequences and prevention of future calamities. The current disturbance in the global economy requires not only to understand how it was initiated, but also how to counteract and draw conclusions from it. The Chinese proverb says: “may you live in interesting times.” These times
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Nowadays, China is one of the world's top exporters and is attracting record amounts of foreign investment. In turn, they are investing billions of dollars abroad. The collapse in international export markets that accompanied the global financial crisis of 2009 initially hit China hard. But they stand strong their economy and quickly returning to growth. In 2011, China formally overtook Japan to become the world's second-largest economy. Todays, the connection between China's economy and global
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availability of inexpensive fuel, no new power projects being started, poor electricity production and distribution methods, power theft and nonpayment of electricity bills. The issue of circular debts is not something new when it comes to energy crisis. When the circular debts reach their peak the government intercepts by increasing the subsidy given to the power companies. However this does not provide a permanent solution to the problem because the subsidies given are not sufficient to pull the
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How to grow Without faster growth the rich world’s economies will be stuck. But what can be done to achieve it? Our economics team sets out the options Oct 7th 2010 WHAT will tomorrow’s historians see as the defining economic trend of the early 21st century? There are plenty of potential candidates, from the remaking of finance in the wake of the crash of 2008 to the explosion of sovereign debt. But the list will almost certainly be topped by the dramatic shift in global economic heft. Ten
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surplus rivers deficit, there will be adequate supply of water for everyone in every part of the country. Former President A P J Abdul Kalam opined the same that there was a greater need for inter-linking of rivers in the country to tackle the water crisis. Rivers like
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Financial Econometrics Modeling and Forecasting Natural Gas Prices Abstract In this project we will model and forecast the natural gas prices over the short-term through the development of the Error Correction Model (ECM). This is presented as the best predictive model among various alternatives. To build this model, we gathered the oil prices to analyze the impact of the changes in these prices on the changes in natural gas prices. The results of the forecasting exercise, carried out using
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