Economic Recession of world..

i need this ...plz...help me ....

any breif an comprehensive data..plz.....

Economic Recession of world
The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. Around the world stock markets have fallen, large financial institutions have collapsed or been bought out, and governments in even the wealthiest nations have had to come up with rescue packages to bail out their financial systems.
On the one hand many people are concerned that those responsible for the financial problems are the ones being bailed out, while on the other hand, a global financial meltdown will affect the livelihoods of almost everyone in an increasingly inter-connected world. The problem could have been avoided, if ideologues supporting the current economics models weren’t so vocal, influential and inconsiderate of others’ viewpoints and concerns.
Here goes the outline brother
Outline::
• A crisis so sever, the world financial system is affected

1. • Securitization and the subprime crisis
2. • Creating more risk by trying to manage risk
3. • The scale of the crisis: trillions in taxpayer bailouts

• A crisis so severe, those responsible are bailed out
• A crisis so severe the rest suffer too
• The financial crisis and wealthy countries

1. • A crisis signalling the decline of US’s superpower status?
2. • Europe and the financial crisis

• The financial crisis and the developing world

1. • Asia and the financial crisis
2. • Africa and the financial crisis
3. • Latin America and the financial crisis

• A crisis in context

1. A crisis of poverty for much of humanity
2. • A global food crisis affecting the poorest the most
3. • Human rights conditions made worse by the crisis
4. • Poor nations will get less financing for development
5. • Odious third world debt has remained for decades, banks and military get money easily

• A crisis that need not have happened
• Dealing with recession
• Rethinking the international financial system
• Reforming international banking and finance

1. • Reforming Trade and WTO
2. • Reforming the Bretton Woods Instituions (IMF & World bank)
3. • Reform and Resistance
4. • Rich countries resist meaningful reforms

• Rethinking economics

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can any body tell me about economic crisis particularly about economic crisis of pakistan?

@Bengari

Although Asif Yiusafzai has given an excellent outline but for details please see wikipedia. If you are student of economics you may well understand. If you have no background in economics then I have written a very simple explanation of global crisis in economics section, which may be helpful for you.

Pakistan economic situation is not directly affected by global economic crisis, but however global economic crisis has repercussions for our economy mainly in terms of decrease in exports.

Dear just click on the link.


http://docs.google.com/Doc?docid=0Ab...rem5td3g&hl=en


i hope it will be helpful for you

Can u plz pin point where u hav written the essay! I didnt find that.

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Aay Allah merey waaldain pay RAHAM farma, unhun ny mujh py raham aur shafqat ki jab mein choota tha.(AL QURAN)

@Engr Sohail

Link:
http://www.cssforum.com.pk/css-optio...ic-crisis.html

@Shamsig

You have given an excellent explanation of the World economic crisis. A very good explanation for both novices and economists. Why dont you post it directly here?

@Engr Sohail

I didn't wrote an essay, it was just a simple explanation of the world economic crisis. Shamsig has written an excellent essay, follow the link in his post.

Regards