economic, status rising, many countries wanted to join the eurozone. Euro using countries had risen to 17 countries from 12 countries in 14 years. But high euro’s status began to fall with the 2008 financial crisis, the bankruptcy crisis of the Southern European countries. With euro’s crisis, countries scheduled to join the eurozone are struggling to choice.
So, We are understanding about th
economy crisis by the necessary cooperation of developed countries and rising countries.
Japan’s Economy after the Global Economy Crisis and Its Responses
The Four Unfavorable Factors in the Japanese Economy Solutions from the Production Industry
Solutions from the Government
The responses
of European automobile industry
France: Invested extra €6 billion leading its people to get
- Completion of all agreements at the Single European Act
- Completion of monetary integration
- Integration of Europeaneconomic bloc
- Removal of currency risk
- Contribution to price stability
Demerits
- Structural imbalance within the Union
- Trade deficit
- Credit and Fiscal crisis
crisis solution, exchange rate management and financial policy coordination within the IMF have been designed to perpetuate the dominance of a few industrial countries, specifically the USA and the European Union member states. That is, the IMF lending decisions is a result of American policymakers and countries in which American banks are highly exposed and the governments closely allied with th
Crisis as follows. Due to high savings rate and low inflation, northern european countries have been known for frugal countries before the Euro appeared. On the other hand, southern European countries had low saving rate and excessive consumption. They had different consumption behaviors and this made economic imbalances. However they only focused on building one economical community under a sing