1 / 9

Challenges to resolution

Challenges to resolution. Responses and Solutions. OWS as a response…. UN Secretary General Ban Ki Moon said: What you are seeing all around the world, starting from Wall Street, people are showing their frustrations. Challenges to effective resolutions.

kimi
Download Presentation

Challenges to resolution

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Challenges to resolution

  2. Responses and Solutions

  3. OWS as a response… • UN Secretary General Ban Ki Moon said: What you are seeing all around the world, starting from Wall Street, people are showing their frustrations.

  4. Challenges to effective resolutions • Inconsistent policy approaches by many developed states. • Inadequate focus on medium to longer term measures to help rebuild stability and confidence . • Persistent weakness in the banking system due to toxic debt levels never fully addressed or remedied. • Globalisation has made many banks too big and beyond the effective supervision of just a state, new frameworks are needed to address such issues that may well become more common in future. • Financial opportunities/products are well ahead of financial regulation and state control.

  5. Why can’t anyone agree? Keynesian/Krugman VS Austerity/IMF http://www.youtube.com/watch?v=GTQnarzmTOc

  6. Consequences • The PIIIGS (the highly indebted and vulnerable) the crisis has had a direct impact on their sovereignty. • Strained relations between some states (Greece & Germany, China & USA, China & EU, Iceland & UK) • China has looked to reposition itself as major economic player • Rise of the ‘Tea Party’ in the US and polarizing effects on Congress, fiscal policy/debt ceiling and 2012 Presidential Election.

More Related