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corporate and wholesale finance

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Issue:

Business

 

Written by:

Christine A

 

Date added:

October 27, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

9 / 2288

 

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7913 times

 

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Essay content:

The “quintupling” of oil prices in 1974 resulted in the increasing deficits on the current accounts of OECD and non-OPEC less developed countries (LDCs). If looked back in 1950s and 1960s the pattern of imbalance between these gropes was fairly constant but during 1973 – 1974 and again in late 1970s and early 1980s the pattern was marked by the high surplus of the OPEC sector and very huge deficits on the current account of the OECD and non-OPEC LDCs sector...
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This is clear shown by the increase of deficit from $2 billion in 1973 to $52 billion the following year, a combined analysis of OECD and LDCs. (Howcroft, 1997) The picture of the world economy in 1970’s was quite bad for most of the nations, on one hand members of OPEC whose importing absorption was low were enjoying huge amount of surplus money on the other hand OECD and non OPEC LDCs were suffering from the burden of massive deficits bills...
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General issues of this essay:
corporate and wholesale finance Emergent Countries – Going Public As A Financing Option Fiscal Policies Fiscal and Monetary Policy For arts industry fiscal and monetary policy fiscal policies Monetary & Fiscal Policies Monetary And Fiscal Policy Monetary and Fiscal Policies Monetary and Fiscal Policy Monetary/fiscal Policy Why is it so difficult to find out what Children’s working conditions were really like in the 18th and 19th Centuries? Monetary And Fiscal Policy monetary and fiscal policy What do you understand by Economic and Monetary Union? To what extent does membership of an Economic and Monetary Union constrain a country's use of monetary and fiscal policy
 

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