Author:
Evaluation:
Published: 07.03.2021.
Language: English
Level: College/University
Literature: n/a
References: Not used
Time period viewed: 2008.g. - 2014.g.
  • Presentations 'World after Crisis', 1.
  • Presentations 'World after Crisis', 2.
  • Presentations 'World after Crisis', 3.
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Extract

China 2008-2014
Second largest trading partner of the USA
soaring bilateral trade surpluses : over $273 billion in 2010
Shanghai Stock Exchange : total market capitalization rise from less than $0.3 trillion in 2005 to $2.7 trillion at the end of 2010
Domestic demand was boosted by a huge fiscal stimulus package equivalent to $600 in November 2008

Europe 2008-2014
Eurozone Crisis
Europe today being the best recession example
How?
Budget-economy programs
Price reduction in production
Specific tax policy (Germany)
Lower labor costs





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