![Page 1: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/1.jpg)
The financial crisis from a different point of view
![Page 2: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/2.jpg)
Table of content
Relevance Asia: pre crisis Lehman’s failure
Consequences Recovery Solutions Opinions
![Page 3: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/3.jpg)
Why?
![Page 4: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/4.jpg)
Why?
Asia39%
Africa4%
Northern America23%
Latin America8%
Europe26%
Oceania1%
GDP by region
21,504,497,000,000 $
![Page 5: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/5.jpg)
Asia
Bastion of economic stability High growth rates Large trade surpluses Banks: no doubtful investments
![Page 6: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/6.jpg)
Lehman’s failiure
Global credit shock Reduced export Stock markets plummeted Currencies weakened
Asia not as decoupled from the west as rumored
![Page 7: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/7.jpg)
Past recovery
More rapid recovery Western investers
98 crisis: USA boosted asia Today: /
Crisis made Asia the economic giant as we know it
![Page 8: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/8.jpg)
Recovery growing economies
Growing domestic markets Boosting Home demand Emerging middle class▪ Next decade: +800million people
Sweeping government spending plans China: Ambitious plans India: credit issues
![Page 9: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/9.jpg)
Recovery mature regions
Japan +Domestic companies▪ telecom, health care,…
- Export driven sector ▪ Electronics, consumer goods,...
![Page 10: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/10.jpg)
Solutions
Boost home demand Improve business’ & bank’s
resilencies Strengthen & organize local financial
markets
![Page 11: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/11.jpg)
Solution
Boost demand from home Population: end consumer Intraregional trade & investments▪ Association of Southeast Asian Nations
(Asean) tries to liberalize regional trade More credit options for the emerging
consumer class
![Page 12: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/12.jpg)
solutions
Improve business’ & bank’s resiliences Dynamic provisioning▪ Financial reserves for rainy days▪ Reserves to invest in booming times
![Page 13: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/13.jpg)
Solutions
Strengthen & organize local financial markets
Asian IMF? Atm: too ambitious Future: worthy option
![Page 14: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/14.jpg)
Dominic Barton:”Asia isn’t the source of the crisis but could point the way to its long-term resolution.”
![Page 15: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/15.jpg)
Thanks for listening
![Page 16: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/16.jpg)
sources
The World Factbook 2005, CIA, USA. Dominic Barton;
Asia’s future and the financial crisis;The McKinsey Quarterly
The all-knowing internet Several other articles
![Page 17: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/17.jpg)
Music The last waltz
Programs Powerpoint Audacity
![Page 18: The financial crisis from a different point of view](https://reader035.vdocuments.us/reader035/viewer/2022062512/55491f8eb4c9059f4c8b75a2/html5/thumbnails/18.jpg)
None of the used images or music compositions are mine. Nor do I claim to own any of the rights.