It's the policies... obsolete, superfluous & unpractical policies
Just six months back, observers were ga ga about how EU would be able to withstand the global recessionary phase. But it only seemed to be a matter of time for some detractors. Unfortunately, they were to be vindicated. Come August and EU member countries are falling prey to the recessionary monster. Denmark has become the first EU country technically under recession and the gloom looms large over other 14. The Eurozone is in middle of stagflation and the US crisis is not the culprit. Oil and exchange rates are pulling down the economy and there is nothing that the EU policies can do.
Experts believe that the EU is faring worse than the US. While the current downturn is not expected to last for long, there are structural deficiencies within EU, which will continue to pull it down.
Just six months back, observers were ga ga about how EU would be able to withstand the global recessionary phase. But it only seemed to be a matter of time for some detractors. Unfortunately, they were to be vindicated. Come August and EU member countries are falling prey to the recessionary monster. Denmark has become the first EU country technically under recession and the gloom looms large over other 14. The Eurozone is in middle of stagflation and the US crisis is not the culprit. Oil and exchange rates are pulling down the economy and there is nothing that the EU policies can do.
Experts believe that the EU is faring worse than the US. While the current downturn is not expected to last for long, there are structural deficiencies within EU, which will continue to pull it down.
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
