In 2008 the world was plunged into a financial crisis, the worst since the Great Depression in 1929 -1933. This crisis began with the housing loan crisis in the US subprime, but its deep-seated reasons that international imbalances of the economic region in the world pillars and internal issues system of American and European banks. The crisis in the US spread and push the world economy fell into recession globally. US, Europe and Japan into recession turns
For Vietnam's economy: an open economy dependent on other economies and dependent on direct investment from abroad should fall into crisis Crisis is inevitable. In 2007 the growth rate was 8.46% Vietnam, 2008 decreased to 6.31%. Specifically, domestic production stagnated, rising investment low, consumers have signs of slowing down, unemployment is rising faster response to this, the government must take action to solve. One is the stimulus and faced with rising inflation, the two are not doing anything but the wait will be long and the recovery can not occur. And policy stimulus are quick and appropriate assessment of the current time. Because, given the following equation, we find:
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