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The Impact of the Global Crisis on South Asia
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The Impact of the Global Crisis on South Asia.pptx
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2 Mbyte
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The Impact of the Global Crisis on South Asia.pptx
[Size :
2 Mbyte
]
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_SLIDE_1_
The Impact of the Global Crisis on South Asia
_SLIDE_2_
The first global financial crisis of the 21st century
began with problems in the sub-prime mortgage market in the US
spread around the world in September 2008
Firms and households reduce spending, resulting in a sharp economic slowdown
_SLIDE_3_
CONTENTS
1
2
3
6
5
4
7
_SLIDE_4_
The optimal fiscal package
Timely, large, lasting, diversified, contingent, collective, and sustainable.
_SLIDE_5_
2. Conventional Wisdom And The Crisis
Why it is that Fiscal policy is back in fashion.
1. One argument suggests that as Monetary and credit policy reached its limit…
The Impact of the Global Crisis on South Asia
_SLIDE_2_
1. INTRODUCTION
What is the Global CrisisThe first global financial crisis of the 21st century
began with problems in the sub-prime mortgage market in the US
spread around the world in September 2008
Firms and households reduce spending, resulting in a sharp economic slowdown
_SLIDE_3_
CONTENTS
1
2
3
6
5
4
7
_SLIDE_4_
2. Conventional Wisdom And The Crisis
IMF (2008) pointed to the importance of policy measures to increase demand and restore economic confidence.The optimal fiscal package
Timely, large, lasting, diversified, contingent, collective, and sustainable.
_SLIDE_5_
2. Conventional Wisdom And The Crisis
Why it is that Fiscal policy is back in fashion.
1. One argument suggests that as Monetary and credit policy reached its limit…
3. The Impact of the Crisis on South Asia
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I D : jung****** Date : 2013-05-09 FileNo : 11074376 |
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