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ID number:473516
 
Evaluation:
Published: 03.12.2014.
Language: English
Level: College/University
Literature: n/a
References: Not used
Time period viewed: 2000 - 2010 years
2011 - 2015 years
Extract

China 2008-2014
Second largest trading partner of the USA
soaring bilateral trade surpluses : over $273 billion in 2010
Shanghai Stock Exchange : total market capitalization rise from less than $0.3 trillion in 2005 to $2.7 trillion at the end of 2010
Domestic demand was boosted by a huge fiscal stimulus package equivalent to $600 in November 2008

Europe 2008-2014
Eurozone Crisis
Europe today being the best recession example
How?
Budget-economy programs
Price reduction in production
Specific tax policy (Germany)
Lower labor costs





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