RUNNING HEAD : Article CritiqueArticle CritiqueNameInstitutionInstructorSubject CodeThe obligate is written by Jean Pisani-Ferry and Indhira Santos and was publishes break down March 2009 on the magazine pay and Development by the International Monetary Fund . The article discusses the effects of the planetary economic slow depressed and the resolutions passed during their emergency opposition and policies implemented by the member countries of the Group of Twenty or G-20 . This also a critic of the implementations and effects of said policies in the respective countries and regions of the G-20 . At first , financial experts and analysts thought that the global crisis will not affect strong economies and financial regions They predicted that in that location are immune countries on the crisis and they will their financial specialism will pull the economies of other affected countries upward . still , recently it is shown that the economic downturn affects every country and alone regions of the world .
The author also noted that the notion of globalisation is now changing as governments are injecting public cash on major financial institutions and multinational companies affected by the crisis . Although criticized and protested by their own citizens , the injection of public funds by governments will not surely save the companies from closing down nor cushion the effect of the crisis . From these major points , the G-20 emergency meeting held last November laid down major policies such as preserving local anaesthetic economy and trade integration designing and implementing stimulus package and aid programs that will support globalization building confidence...If you call for to get a full essay, order it on our website: Ordercustompaper.com
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