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翻訳と辞書　辞書検索 [ 開発暫定版 ] スポンサード リンク Economic Crisis and Response in the Philippines ： ウィキペディア英語版 Economic Crisis and Response in the Philippines The Global Economic Crisis pulled countries down from around the globe to a recession. Wide-ranging declines in many aspects of growth characterize the overall impact it had had on the global scale. Following the Asian economic crisis in 1997, the present global economic crisis imposes new challenges to the Philippines as a developing country. Following are expositions of the macroeconomic impacts of the crisis in the Philippine setting, its implications in the prevalent poverty scenario, and policies and programs undertaken by the government in response to the crisis. ==Overview of the Global Economic Crisis== The 2008 global economic crisis started upon the bursting of the United States housing bubble, which was followed by bankruptcies, bailouts, foreclosures, and takeovers of financial institutions and national governments. During a period of housing and credit booms, banks encouraged lending to home owners by a considerably high amount without appropriate level of transparency and financial supervision. As interest rates rose in mid-2007, housing prices dropped extensively, and all institutions that borrowed and invested found themselves suffering significant losses. Financial institutions, insurance companies, and investment houses declared either declared bankruptcies or had to be rescued financially. Economies worldwide slowed during this period and entered to a recession.〔Cuenca, Janet, Celia Reyes, Josef Yap, "Impact of the Global Financial Crisis on the Philippines", "(http://www.unicef.org/socialpolicy/files/Impact_of_the_Global_Finanical_and_Economic_Crisis_on_the_Philippines.pdf)", May 20, 2011〕 The crisis, initially financial in nature, has now taken a full-blown economic and global scale affecting every country to the left and to the right of the United States, and wreaking havoc in the level of both industrialized and developing nations.〔Cuenca, Janet, Celia Reyes, Josef Yap, "Impact of the Global Financial Crisis on the Philippines", "(http://www.unicef.org/socialpolicy/files/Impact_of_the_Global_Finanical_and_Economic_Crisis_on_the_Philippines.pdf)", May 20, 2011〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Economic Crisis and Response in the Philippines」の詳細全文を読む スポンサード リンク 翻訳と辞書 : 翻訳のためのインターネットリソース Copyright(C) kotoba.ne.jp 1997-2016. All Rights Reserved.