Differences: choose tactics according to the force
model of cubic stimulus - US take place after a bailout of the banking system, including the bailout of the US banking sector up to 700 billion dollars that la.Sau This system new economic stimulus conducting te.Trong Meanwhile, Vietnam's model group - China is no bank support package. The reason is that the financial crisis did not directly affect the banking group in Vietnam and China, the bank does not incur losses due to the subprime and financial investments. American crisis primarily impacts threaten the stability of the financial system, contributing to economic instability should the US must resolve this problem before. Next they must increase domestic demand and total new jobs created since aggregate demand slump caused weakening US economy.
China choose to invest in infrastructure as strong stimulus for this country choose to rely on domestic demand to overcome the crisis, not chosen based on excessive foreign demand to stimulate growth in the context of the world export market is worsening. According to the WB, domestic demand has contributed greatly supported China's economy grew impressively in 2009, while investment in infrastructure projects, the government plays a key role to promote increased Secretary. Chinese figures show that while the employment situation continues to deteriorate in the export sector and also bleak industrial area (due to a number of industries such as cement, steel, aluminum residual signs excess capacity and force the government to "intervene"), new jobs being created in the service sector, construction and the public sector. Apparently in 2009, China used method economic stimulus spending towards huge infrastructure projects to create jobs and sustain growth. In respect of new jobs created directly through spending programs of the government, we find similarities in China and the United States. Meanwhile, the growth pattern of Vietnam was affected struck by the overall foreign demand as heavily dependent on exports, so Vietnam itself no choice but to increase the total domestic demand factors are selected to maintain the government's evaluation is important as the business economy Industrial production in the country (which is no small part of the SOE) and now aims to export. Vietnam has done so maintaining a stable job market through direct support for business. Has enabled provision or not, can be discussed but obviously maintain business operations of the enterprise, reduce bankruptcy and unemployment, help businesses maintain hard wait of danger increase in demand was a temporary decision to be successful so far. In a way, we have the ability to bet on recovery of external demand rather than to create new demand within the economy te.Day can say is an option instead of attacking defenses like in football. In the context of economic crisis like the style of a game is deadlocked, China and the US choosing search new offensive solutions, supported model (create new GDP growth), clearing the new ball, in Vietnam when defensive options and maintain the traditional style of play (growth model still relies on exports), waiting for the opportunity. Hard to say that choice is entirely correct, because the problem will depend on the strength of each budget doi.Lieu that Vietnam can be sustainable if selected solutions such as the US and China? In the shadow stone to rely on the force of his players to choose a strategic thuat.The insufficient power, why can perform full-scale football? But dare not rock enough force total force would bypass many unfortunate opportunities .
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