Collapse of the G-20 Summit at Cannes
Journal Title: E3 Journal of Business Management and Economics - Year 2012, Vol 3, Issue 4
Abstract
Europe is under debt threat, facing the biggest crisis of uncertainty. One of the biggest limitations of global integration of the EU is that small and weak countries could not fall in line with strong economies. This crisis is the example in this regard. The summit at Cannes failed to give a concrete solution to the debt crisis especially in the case of Greece, Italy, Portugal, Ireland and Spain. The crisis in Greece and Italy caused the resignation of two popular Prime Ministers. The debt crisis is pushing the EU in general and Greece, Portugal, Spain, Ireland and Italy in particular into recession. Accordingly, the growth forecast is reduced to 0.5 per cent in 2012 from 1.8 per cent. This paper deals with the major issues, their impact and possible reforms.
Authors and Affiliations
Badar Iqbal
Keywords
Related Articles
- EP ID EP98004
- DOI -
- Views 165
- Downloads 0
Growth performance and forecasts of FDI inflows to Sri Lanka
Sri Lanka has strived hard to launch its economic reforms that favoured a greater role to FDI. The present study is an attempt to find the growth performance and forecasts of FDI inflows to Sri Lanka. The study con...
An empirical survey: Can green marketing really entice customers to pay more?
This research integrated the Social Cognition Theory and the Engel Kollat Blackwell customers’ purchasing model (EKB model) to synthetically discuss the three kinds of possible relations comprising “does negatively entic...
The privatization of central statistics office; case of Botswana: The challenges of the change process
The purpose of this study was to examine the challenges of the change process experienced by CSO in becoming partly-privatized organization and to suggest better ways of going through the transition. This research was do...
A study of health and safety practices in small and medium sized enterprises: -A case of Botswana
The purpose of this research is to understand the views of different employees in small and medium enterprises about what can be done to improve the health and safety in work places. In order to carry out this research,...