pressure on their exchange rates and taken part in the on-going arguments, the most notable dimension has been the rhetorical conflict between the United States and China over the valuation of the Yuan. This which began in the early 21st century is being pursued by opinions among economists have been divided as to whether it will have a net negative effect on the global economy. By April 2011 jou
Q. Why Kodak & Fuji ?
How can firms react to disruptive innovation ?
“If Toyota could no longer sell cars, what would they be? That is what we are facing. If we aren’t an imaging company then what are we?” – Mr. Shigetaka Komori, CEO of Fuji
One of the example that shows about using same strategy but having different result.
Rise of Kodak Empire
Type: Public
Industry: D
2. Policy Analysis with Partial Capital Mobility
• Expansionary fiscal policy, fixed exchange rates
IS curve shifts right, Y and R increase.
Higher R increases foreign capital inflow.
• Creates BP surplus and upward pressure on currency.
Central bank intervenes in the foreign exchange market.
• Buys excess foreign currency.
Incr
rate of 1.5 yuan per the dollar.
Third, there were some changes in the dual exchange system.(1993). This was swap exchange rate that the public exchange rate and the exchange rate forming the foreign exchange control center coexisted. China exchange rate system was executed single management fluctuation exchange rate.(1994~2005)
After 2005, China was pressured for RMB appreciation and aboli
Progress of the euro zone financial crisis and its causes
In the conditions of the global financial and economic crisis, a majority of European countries launched large programs to reanimate the economic situation and save jobs. As the massive fiscal spending is inevitable in the process of addressing the economic crisis, the European financial situation began to deteriorate rapidly.