Not exact matches
After all, in the wake
of the
crisis many Western governments, including France and the United
States, bailed
out their
financial sectors and many
of their leading companies.
This stops bank failures disrupting money and payments and hence helps achieve monetary outcomes desired by the Austrian school
of economics: reducing excessive
state interference in the market for credit (through bank regulation, lender
of last resort and bail -
out) and discouraging unsustainable money and credit expansions (leading to
financial crisis and depression).
As international solidarity between
states as well as UN resources have significantly decreased since the
financial crisis in 2008, the new precept in international affairs appears to be that no major development project can be carried
out without the active participation
of major corporations and their front foundations / agencies, often in the form
of public - private partnership (PPP).
While I have laid
out a comprehensive and detailed plan
of action to address the
state's
financial crisis, other candidates, including Mr. Cuomo, have been less forthcoming with their plans.
Mr. Fried
stated, «I am proud and humbled that President Clinton has the confidence in my experience and skills to trust that I am the best person to lead Rockland County
out of the
financial crisis facing our community.»
In fact, the economic output that is lost because
of poor education policies and practices leaves many countries in what amounts to a permanent
state of economic recession — and one that can be larger and deeper than the one that resulted from the
financial crisis at the beginning
of the millennium,
out of which many countries are still struggling to climb.
In his pre-election speech Papandreou
stated with confidence that the country has the money that are needed to pull Greece
out of a
financial crisis claiming that «he will inject up to 3bn euros into the [country's] economy» (Papachelas, 2011 & BBC News, 2009).
The global economic
crisis has affected the United
States the most and this has made a lot
of people lose their jobs and wiped
out large fortunes from the face
of the
financial world.