Essays on Financial Crisis

Malaysia’s unemployed graduates
Words • 1548
Pages • 7
A student that has just finished their study in college or universities is called fresh graduates. These fresh graduates students need a fixed job in order to survive in this world which has problems in economy, political issue and many more. In Malaysia, this fresh graduate has to face some obstacle before they are employed by a company or get a stable job. According to Balakrishnan (2018), the youth unemployment rate in Malaysia is three times higher than the national…...
EconomyEmploymentFinancial CrisisInternshipUnemploymentWork Experience
Advantages and Disadvantages of Loans from Non-Bank
Words • 1412
Pages • 6
Individuals and businesses often turn to banks for making loans in order to meet a variety of expenditure demands. However, not all the loans will be approved by the banks for some reasons perhaps due to the tight lending policies. Banks are nonetheless not the only option available for those potential borrowers, some non-bank financial institutions might offer a more competitive interest rates for them. The non-bank financial institutions in Malaysia such as Malaysia Building Society Bhd (MBSB), RCE Capital…...
BankingEconomyFinanceFinancial CrisisMoney
Concept Paper About Accounting
Words • 744
Pages • 3
The accruals concept brings a meaning that every expense should be recognized as they occurred. (Wild, Shaw, & Barbara, 2009) For examples, when an expense incurred, we need to record it in the financial report, not when payment is made. While we receive the goods, we need to record the revenues. We need to record the net profit using the formula of net profit is equal to total revenue – total cost. So that, we get a more accurate amount…...
AccountingEconomyFinanceFinancial CrisisFinancial Statement
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Rich Countries Often Give Financial Aid To Poor Countries
Words • 375
Pages • 2
Lending financial aid to poor countries has become a trend of rich countries since the second half of the 20th century. In my opinion, it doesn’t matter whether rich countries should lend poor ones financial aid or not but the way poor countries utilize this capital source because financial aid has both pros and cons. For the first reason, financial aid is a helpful source to poor countries. It provides huge capital for these nations to develop infrastructure, improve education…...
DebtEconomyFinanceFinancial CrisisLoanPolicy
Research Proposal: Global Financial Crisis
Words • 4051
Pages • 17
Definition and Types of Crises There are four general types of financial crisis (listed below) and many crisis situations may have elements of all of these types or only of one of them. Currency crisis. A currency crisis occurs when there is a speculative attack on the exchange rate, that devaluates domestic currency or significantly depreciates a floating currency. A currency crisis occurred in Europe in 1992 when United Kingdom and Italy were forced to leave the ERM. Banking crisis.…...
BankingEconomyFinanceFinancial CrisisFinancial MarketsMoney
The 2007-2008 Financial Crisis: Causes, Impacts and the Need for New Regulations
Words • 1540
Pages • 7
THE 2007-2008 FINANCIAL CRISIS: CAUSES, IMPACTS AND THE NEED FOR NEW REGULATIONS The initial cause of the financial turbulence is attributed to the U. S. sub-prime residential mortgage market. The sustained rise in asset prices, particularly house prices, on the back of excessively accommodative monetary policy and lax lending standards during 2002-2006, increased innovation in the new financial instruments, unusual low interest rates resulted in a large rise in mortgage credit to households; particularly low credit quality households, the greed…...
BankingCentral BankEconomyFinanceFinancial CrisisFinancial Markets
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