MICROECONOMIC REPORT Essay Example | Topics and Well Written Essays - 1500 words

MICROECONOMIC REPORT - Essay ExampleIt is in this context that mergers, diversifications and rapid expansion at the industrial level are often argued as the emblematical representation of capitalism as a measure for economic development (Pacione, 1985). Notably, this particular understanding has been considered when selecting articles for this assignment. In this regard, it has been observed from the articles reviewed that the brass can also play a vital role in call of formulating adequate guidelines and deregulation systems in order to develop the countrys economic position. Article 1 Americas Big Banks are Back on Top As revealed in the article by The economist (2013), after a remarkable invasion of pecuniary crisis in the year 2008, the American banks have re-established their authorized role in the Wall Streets financial environment in the current year. The banking institutions of the US have faced dramatic alterations owing to incessant instability on investments since t he last five years. The capriciousness within the financial performance has also been observed in the financial institutions due to the rapid cubic yard of fluctuation on the global financial movements and variations in the financial portfolio of the global banking institutions (The Economist, 2013). ... overnment have occupied a number of steps in the midst of the financial crisis in the year 2008 with the intention to deal with the financial crisis faced by the country. The crisis initiated in Americas real estates and banking as well as the former(a) financial institutions expansion to the world economy deciphering greater sustainability (Poole & William, 2010). Few of the major decisions of the Federal Government stress on considerable changes and development of the financial rules by the banking institutions have made the great recession to an decision at a much earlier phase than the expected stipulated period. For instance, the Emergency legislation passed by the U.S. fa ble in the year 2008 and in the early quarter of 2009 focused on assisting the financially declining phase of divers(a) industries in the economy. Additionally, few of the other major initiatives that developed by the federal government as explained in the article The Economist (2013) have been illustrated hereunder. Avoiding breakdown of the major financial institutions Reducing the impact of the limitations of US financial institutions Providing instant incentives to consumer spending through raising after-tax household income Providing temporary funds to the state and the local government in order to reduce the needs and the spending during the recession period Looking after the newly laid off workers and members of other economically vulnerable populations taking anti-poverty measures Making available of federal concede for infrastructure investment Source (Poole & William, 2010) Furthermore, as noted in the article, The Economist (2013), in accordance with the recessionary e ffects in the global financial position, along with the US, the UK financial institutions have also faced repellent