Winners And Losers In The Context Of Global Economic Crisis

Huma Elena
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Huma Elena: Scoala Doctorala , ASE Bucuresti

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 1, 1064-1066

Abstract: When contemplating a merger, acquisition or portfolio purchase, strategic objectives should be defined in advance along with your tolerance for risk. This process can be used to pre-screen transaction candidates, assemble a project team and establish the scope of work. Ongoing communication among the project team is essential to identify high risk elements that could jeopardize the viability of the transaction. If the transaction is not a good financial, geographic and cultural fit for your organization call it a day and move on to the next transaction candidate. The global financial crisis was clearly stamped “Made in USA,” but the outlook for growth in emerging economies is being rapidly scaled back, proving that globalization is for real. We are all in this together. What started as a US housing market problem has morphed into a worldwide economic slowdown and could be turning into something worse? The crisis is still in the early stages in many developing nations.

Keywords: crisis; trade; recession; risk (search for similar items in EconPapers)
JEL-codes: E39 (search for similar items in EconPapers)
Date: 2010
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