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03

Impact Of Global Crisis

   
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Title: Impact Of Global Crisis
 
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Subject: Business
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Date: May 27, 2001
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Length: 9 / 2486
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The most immediate effect of the financial crisis is the destruction of housing and financial wealth, especially in the equity markets. The impact is discussed below under two categories: 1. Impact on India. 2. Impact on different other countries. 1...
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Impact on India. 2. Impact on different other countries. 1. Impact on India a.) Slowdown across sectors: i. The use-based classification of industrial production suggests that the slowdown in growth is spread across several important sectors. Chart 2 provides the evidence on recent trends in production in the basic, capital goods and intermediate industries...
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