A New Look at the Global Economic Crisis Analytical Essay by Nicky

An analysis and commentary about the global economic crisis, focusing primarily upon its causes and the policies needed to reverse it.
# 146496 | 1,927 words | 7 sources | APA | 2010 | US
Published on Dec 29, 2010 in Economics (International) , Hot Topics (General) , Economics (Globalization)

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This paper focuses on the global economic crisis, acknowledging that despite its sometimes exaggerated mediatization, the fact remains that the global economy is indeed facing severe challenges. The paper moves on to identify the international regulatory institutions and the role they play in developing and implementing the policies in terms of the economic crisis. The paper concludes that for the policies proposed and already implement to work, the European Union must be fully aware of its status of an institution composed by several parties; in this order of ideas, they must be able to unify the interests and efforts of the state members, as well as also implement a proper control and verification system.

Introductory Remarks
The Economic Crisis
Policies Relative to the Economic Crisis
Concluding Remarks

From the Paper:

"The financial blog Moolanomy (2008) gives a simple answer: it was greed that generated the economic crisis. And whereas the greed was obvious at most levels, the ones which are primarily responsible for the negative outcome are the real estate agents who continued to inflate prices, and the mortgage lenders, who eluded customers with special offers, but large and adjustable interest rates. Brent Budowsky (2008) looks at the issues from a different angle and finds that the primary cause was the failure of the Bush administration's political leadership."

Sample of Sources Used:

  • Budowsky, B., January 22, 2008, The Economic Crisis, The Hill
  • Kilmister, A., December 2008, The Economic Crisis and Its Effects, World Economy, No. 407
  • Miller, J., Jackson, B., Who Cause the Economic Crisis? The Annenberg Public Policy Center of the University of Pennsylvania http://www.factcheck.org/elections-2008/who_caused_the_economic_crisis.html, last accessed on January 7, 2009
  • 2008, What Caused the Financial Crisis of 2008? Moolanomy Financial Blog, http://www.moolanomy.com/866/what-caused-the-financial-crisis-of-2008/ last accessed on January 7, 2009
  • January 6, 2009, UNICEF Warns of Effects of Financial Crisis on Children, The Earth Times

Cite this Analytical Essay:

APA Format

A New Look at the Global Economic Crisis (2010, December 29) Retrieved October 01, 2020, from https://www.academon.com/analytical-essay/a-new-look-at-the-global-economic-crisis-146496/

MLA Format

"A New Look at the Global Economic Crisis" 29 December 2010. Web. 01 October. 2020. <https://www.academon.com/analytical-essay/a-new-look-at-the-global-economic-crisis-146496/>