Analysts believe that investors are gradually beginning to pay more attention to these assets since they are unrelated to a country's economy — unlike fiat currencies and other traditional forms of money exchange, which are extremely vulnerable to internal and
external economic shocks — leading to the popularity of cryptos such as bitcoin and a few others.
Absent
an external economic shock that would ultimately put Canadians out of work, there is no reason to expect markets to correct hard and fast, he argues.
Absent
an external economic shock that would ultimately put Canadians out of work, there is no reason to expect markets to correct hard and fast, he argues.
Not exact matches
Those countries with less - developed institutions and financial systems, limited policy credibility, greater foreign currency debt and / or more precarious
economic situations are certainly more exposed than others to
external shocks.
This will not come about by a European directive, but through hard bargaining among different
economic and political actors working under pressure from internal and
external shocks.
Mr. Speaker, the 2018 - 2021 Budget is informed by the President's Coordinated Programme for
Economic and Social Development Policies which aims at creating a conducive environment for the private sector to thrive, propel growth and create employment opportunies, especially for the youth.In this regard, Government's policy objectives for the medium term will aim at: • Stabilizing the economy and setting it on a path of sustained, diversified and resilient growth; • Optimizing the key sources of growth in the economy on sustainable basis; • Enhancing a competitive and enabling business environment for private sector - led growth; • Formalizing the informal sector; • Building a strong and resilient economy able to withstand internal and
external shocks; • Promoting agro-industrial enterprises as the basis for the «One District, One Factory» initiative; and • Creating entrepreneurial and employment opportunities, especially for the youth.
Trade and financial
shocks in the form of collapsing commodity prices and reduced availability of
external financing have worsened Latin America's
economic prospects in the past year, according to an issue brief from Rice University's Baker Institute for Public Policy.
In 1972 Hicks won the Nobel prize for economics on the basis of Value and Capital, on the
economic equilibrium theory, in particular the issue of the stability of equilibrium in an
economic system exposed to
external shocks.
The
economic shocks Canada currently feels largely exists due to our dependence on
external corporate investment, and small businesses help to insulate against this slightly.
Overall, the financial stability that comes from hording gold and foreign reserves has historically protected the
economic well - being of citizens in the event of
external shocks.
The U.S.
economic recovery is also still vulnerable to
external shocks and several uncertainties remain a risk.