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Impact of Global Financial Crisis on Pakistan

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Submitted By yasir1
Words 5046
Pages 21
Impact of Global financial crisis

By: Nauman Ayubi Butt
Roll # 8511

Table of contents
1) Reason of choosing this topic

2) Introduction
3) The term ‘Financial Crises’
4) Financial Crisis 2007-2009
5) Causes of the crisis
6) The crisis getting global
7) The Financial crisis and Pakistan:
8) Sectoral impact of the crisis in Pakistan:
9) External sector impact

i) Exports ii) Imports
10) Financial Sector impact on
i) Foreign exchange ii) Banking sector iii) Circular debt iv) Stock market:
11) Inflation
12) Economic business sector impact
i) Impact on textile industry
13) Social Sector Impacts
14) Poverty and unemployment:
15) IMF
16) Technique to tackle the situation

Reason for choosing this topic:

The reason for choosing this topic is that it has a direct relationship with the poverty, unemployment, literacy, wealth distribution and also with the increased level of terrorism in Pakistan.
Capitalism is an economic system in which land labor production pricing and distribution are all determined by the market. There is a strong history of capitalism that it can shift from extended period of rapid growth to very short periods of contraction
The global financial crisis in 2008-09 which are still on the go, they actually started from the 20th century and they have been increasing since then. In the end of
20th century the U.S housing prices after a multiyear started declining, the mortgage prices had been at a very high rise before that and suddenly they started declining at the end of 20th century. Around mid 2008 there was a striking increase in the mortgage delinquencies. This increase was also followed by mortgages and this great loss in value meant an equally great decline in the capital of America’s largest banks and trillion dollar government. This also affected the backed mortgages…...

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