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The Impact of the Global Financial Crisis on Developing Countries

Author: YaLiYa(YAHYA MEKI KEBD)
Tutor: LiXiao
School: Jilin University
Course: World economy
Keywords: Financial crisis developing countries Mauritania
CLC: F112.1
Type: Master's thesis
Year: 2010
Downloads: 238
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Abstract


The financial crisis and the economic development of developing countries in the study of economics has important practical and theoretical significance of the research topic to combine the study of more practical value. The global financial crisis from the United States, not only in developed countries suffered a serious impact, but also for developing countries also had a tremendous impact. Therefore, this article as an example of Mauritania, on the global financial crisis on developing countries, the impact of in-depth analysis.Full-text is divided into five parts. The first part (ie, Introduction) outlines the topics of the theoretical meaning and practical significance, for domestic and foreign scholars on the issue have done a study of the literature review; a brief description of the paper is structured, summed up this innovation, as well as shortcomings.The second part of the international financial crisis, to sort out the root causes and evolve, the international trade and international finance from the two-part analysis of the financial crisis on the impact and influence the world economy, fully aware of the international financial crisis hazards. In international trade, the financial crisis on the world economy mainly manifested in the sharp drop in international market demand, trade, the scale of a serious recession, a significant adjustment of the global commodity supply and demand, the main commodity prices fell sharply at the same time, trade protectionism, threatening the world economy recovery; in international finance, the financial crisis on the world economy mainly in the financial crisis has led to the direction of global capital flows reversed, the U.S. financial hegemony status under attack, the international financial regulatory system, challenged and adjusted and so on. The third part of the developing countries as the research object, from the economic conditions, industrial structure, foreign trade and other aspects of the financial crisis, the impact of research. Developing countries as a group that has particularity and also has a certain commonality. In the external sector, the financial crisis, the scale of import and export trade of developing countries declined rapidly, and trade structure of developing countries have a significant impact; in economic growth, financial crisis, economic growth in developing countries to reduce external demand and internal investment demand, a serious decline in economic growth in developing countries; in the industrial structure and external economic conditions, the financial crisis on developing countries have also created a significant impact.The fourth section, as the research object to Mauritania, the first state in Mauritania’s economic growth, industrial structure, foreign trade situation and to attract foreign investment and foreign investment, an overview of the status; Secondly, in this basis, the financial crisis in Mauritania by the impact to be explained, including increasing domestic political risks, reduction of international aid, foreign direct investment, slow down and lower remittances shrink, etc.; Finally, to make certain policy proposals with a view to provide a reference for future development of Mauritania, such as strengthening infrastructure construction, change a single structure, and actively participate in international affairs, improve the right to speak in international affairs, strengthen South-South cooperation to find new growth break points.The fifth section summarizes the above-mentioned studies, on the whole the financial crisis as serious blow to developing countries, developing countries suffered financial crises in the impact and influence the extent of the difference in the financial crisis for the different development the impact of countries also have different lengths of the lag came to the conclusion related to inspiration.

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CLC: > Economic > The world economic profiles,economic history,economic geography > The world economy, international economic relations > World Economic Overview > The economies of developing countries
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