Government debt

during the inter-war years How was Britain governed in the inter-war period? In 1918, at the end of the First World War, Britain was still a constitutional monarchy, in so far that this form of government consisted in a balance between the monarch and the parliament. This “mixed” government had the advantage to respect the idea of democracy (rule of the people, for the people, by the people”) through the elections but meanwhile to prevent tyranny while enabling effectiveness. “It is by this

[pic]France in debt ($187 million), French revolution in 1789 Cyrille: Declaration of independence: by the 2nd Continental Congress on July 4th, 1776 in Pennsylvania Statehouse with 56 signatories (including Jefferson’s and Fanklin’s) It declares the FREEDOM of the 13colonies. July 4th: federal holiday. BUT : American Independence in 1783. Bill of Rights: 10 first Amendments of the Constitution, about personal rights. [pic]set limits about what the government can/can’t do

such budget cuts may cause them to sink. Many unemployed workers in private sector will be added to the 500 000 public, then demand will therefore fall, which will plunge the United Kingdom deeper into economic stagnation. In addition, the Cameron government is destroying all the social gains achieved since 1997 (Tony Blair’s era) under the Labor Party. Mr. Blair and Mr. Brown had indeed striven to eliminate inequalities and promote social mobility. They had, for example, inject substantial funds in

1776, the Thirteen Colonies and Great Britain had been at war for more than a year. Relations between the colonies and the mother country had been deteriorating since the end of the Seven Years' War in 1763. The war had plunged the British government deep into debt, and so Parliament enacted a series of measures to increase tax revenue from the colonies. Parliament believed that these acts, such as the Stamp Act of 1765 and the Townshend Acts of 1767, were a legitimate means of having the colonies pay

caused job losses for millions, numerous home foreclosures, collapse in stock markets, and either the failure or government rescue of several financial institutions. These factors have resulted in severe economic recession in the United States. In this context, policymakers have taken the bull by its horn and responded vigorously and aggressively to the financial turmoil. The U.S. government launched the $700 billion Troubled Asset Relief Program in October 2008 to purchase assets and equity from financials

economy which contributed as much as 24.5 (Q) percent to Gross State Domestic Product at constant prices (1993-94) during 2004-05. As per 2001 census around 39.0 percent of the working population of the State is employed in this Sector” says the government of the state. As for Bihar, it is a state in eastern India that lies mid-way between West Bengal in the east and Uttar Pradesh. Its 83 000 inhabitant population lives on 100 000 square kilometers. It makes Bihar the first state in India by density

China: macroeconomic indicators | 2007 | 2008 | 2009 | 2010 | Economic growth (%) | 14.2 | 9.6 | 9.1 | 10.5 | Public sector balance (%GDP) | 0.6 | -0.4 | -2.8 | -3.3 | Current account balance (%GDP) | 11.0 | 9.4 | 6 | 4.9 | Foreign debt (%GDP) | 11.1 | 8.3 | 8.1 | 7.9 | Foreign exchange reserves (in months of imports) | 17.3 | 19 | 29.9 | 22.8 | Strengths: * External accounts buoyed by industrial competitiveness and diversification * Gradual move up market * Infrastructure

d’édition: “Palgrave Macmillan” lien:http://www.palgrave.com/PDFs/0230007872.Pdf Consulté pour la dernière fois le 23/03/2010 Rapport anonyme de l’OCDE : “ economic survey of Japan 2008: Archiving progress on fiscal consolidation by controlling government expenditures” Lien :http://www.oecd.org/document/39/0,3343,en_2649_34113_40372839_1_1_1_1,00.html Consulté pour la dernière fois le23/03/2010 Article tiré de « The Economist » : “Apocalypse, not now” paru le 11/03/2010 Lien : http://www.economist

reduce its operating costs; moreover the economic condition didn’t help its financial decline. In 2008, General Motors decided despite its effort to restructure, it wouldn’t be able to pay its debts for the year of 2009. General Motors filed for a government assisted bankruptcy and received 128 million for reorganization. At the end of 2009, the firm’s net income was estimated at10 million. GENERAL MOTORS BALANCE SHEETS (In millions) The General Motors’ total assets had an increase of 45

things How the housing markets sneezed and biotech caught a cold Current crisis US property values fall Subprime mortgage default rates increase Mortgage-backed securities become “toxic” Credit crunch Foreclosures climb Risk aversion Less debt for biotech Public capital for biotech constrained Biotech IPOs disappear Biotech stocks fall Less capital for hedge funds Lower valuations in M&A and alliances Challenging exits for biotech investors Less capital for venture funds