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Running Head: GLOBAL ECONOMY
1
GLOBAL ECONOMY
Student Name
School
17th October 2021
GLOBAL ECONOMY
2
OUTLINE
➢ The countries have been facing a financial crisis till now because the dollar price is
continuously increasing. The debt ratio is rising, and people are getting extremely
offended because of unemployment.
➢ The businesses are at risk of failure, so they need to learn the lesson from Japan. It has
been discussed earlier that the 1990s were the years when the country faced a high
financial crisis, and it is the lesson for the present business world.
➢ Debt relief and rehabilitation are essential factors in the financial crisis because it has
been seen that business companies cannot prevent the vicious cycle without it.
➢ There should be asset regulation because it is seen that the companies lose their worth if
there is no proper evaluation and monitoring.
➢ It has been observed that the companies should hire expert financial experts for it because
if there is no balance between the output and input, the circumstances may get spoiled.
➢ It has been further seen that the companies should try to maintain a good relationship
with the other companies because they can help in need of hours instead of creating the
issues. It will lose the respect of the company in the long run.
➢ The trend of market-to-market accounting should be suspended to get the benefits for a
long time. It has been observed that international coordination should also be maintained.
Running Head: GLOBAL ECONOMY
1
GLOBAL ECONOMY
Student Name
School
17th October 2021
GLOBAL ECONOMY
2
Introduction
Employment is a significant concern, ...