L'impact de la crise économique sur les ped (anglais)

718 mots 3 pages
Fiche de lecture

What is the impact of the current economic crisis on developing countries ?

The financial and now economical crisis was born in developed countries, more precisely in United States of America where it was initially illustrated by a real estate crisis. Rapidly “doubtful assets” from securitization of insolvent US household credits (=sub-primes) spread on the financial market, thus spreading the crisis worldwide.
Medias such as television, newspapers or radio often speak about the effects of the crisis on our economy and overall on developed countries' economy. But the financial crisis also affected less developed countries and it could be interesting to see what is the impact of the current economic crisis on developing countries.

I.The effects of the crisis on developing countries

The first consequence of the economic crisis for developing countries is that developed countries stop investing in their country so it disrupts their economic growth and therefore their development.
According to the World Bank, financing to developing countries decreased by 37% in 2008 and according to the Institute of International finance (IIF) as far as emerging countries are concerned external private capital flows decreased by nearly 65%.

Then global recession made developing countries' outlets fall which resulted in economic and social damages due to a substantial reduction in their exports. For the 1.4 billion people who live in or are on the verge of extreme poverty are all in the developing world and given their slim margin for survival, any economic crisis will lead to the most severe human consequences in those countries.

The decline of developing countries' exports lowers the production so that the state's income → the state's income depends by nearly 40% of taxes on production, consumption and international trade (in comparison to nearly 30% for developed countries.) If the state has less capital it cannot invest anymore in

en relation

  • Le monde d'après gchelchel finchel
    765 mots | 4 pages
  • Crise financière 2009 rapport en anglais
    4253 mots | 18 pages
  • td économie
    280 mots | 2 pages
  • La crise financière et le Maroc
    584 mots | 3 pages
  • Comment expliquer les crises financières et régulation financière
    782 mots | 4 pages
  • Effet indivudialisme de crise
    1021 mots | 5 pages
  • D'où vient les crises de change
    2279 mots | 10 pages
  • Économie - conséquences de la crise des subprimes
    1314 mots | 6 pages
  • L impact de la crise
    2862 mots | 12 pages
  • Fusion acquisition bnp paribas fortis
    7952 mots | 32 pages
  • Coportement du textile
    5577 mots | 23 pages
  • La crise financière 2008
    536 mots | 3 pages
  • Philo
    425 mots | 2 pages
  • ECONOMIE SA MERE
    840 mots | 4 pages
  • MONDIALISATION 1
    1175 mots | 5 pages