Impact of Financial Crisis on the Textile Industry of Pakistan: a Case Study of Fateh Textile Industry

Fall 2009 This case was prepared by Itir Karaesmen and Inbal Yahav of Robert H. Smith School of Business at University of Maryland, College Park. The names, locations, and other information included

The financial crisis of 2008 started off from the United States of America, and eventually expanded its reach to the whole world, displaying the inefficient and improper policy implementation by the US government. However, the US government presented monetary and fiscal policies to ensure the economy move towards the economical developmental track for the country. Such policies have been discussed in the research paper to aid with the understating of the reasons of the financial crisis and the effort the government put in to recover from it.

This document is authorized for use only in Financial Management23 by Dr. Raj, at Institute of Management Technology - Dubai from January 2015 to July 2015.

Assistant Professor, Department of Business Administration, College of Science and Humanities Studies, Prince Sattam Bin Abdulaziz University, Al-Aflaj, KSA

This research paper will shed light upon the global economic crisis of 2008, which lasted till 2009. While discussing the global economic crisis of 2008, this paper will highlight some important aspects including what exactly caused the global economic recession of 2008, how it is associated with the recession that took place in 1930, how Saudi Arabia dealt with the global recession (2008) specifically and the impact of this recession on the economy of Saudi Arabia. Furthermore, it will discuss how the whole world dealt with the global recession, whether it was working collectively or individually and what alternative development strategies can Saudi Arabia pursue, while focusing mainly on Prince Mohammed bin Salman’s Saudi Vision 2030 and

This paper presents an analysis of the most recent and important economic events and relates them to the major economic principles and theories. The economic events and issues discussed in the paper include global financial crisis, tax avoidance, expenditures on national defense, rise in oil and gas prices, rise in the level of unemployment, and IT investments. These events and issues have been discussed in the light of various economic principles like supply and demand, elasticity and production costs, market structures, labor market, government intervention, international markets, and market efficiency or failure.

Financial crisis is a situation in which there are significant disruption in financial markets that is categorized by severe declines in asset prices and the failures of many financial and nonfinancial firms. Some of world’s greatest managed financial institutions went bankrupt and were striving for a bail out which led to government intervention to prevent a significant recession. In 2007, United State experienced one of the worst financial crisis since the Great depression of 1930s. The financial crisis lasted from December 2007 to June 2009 resulting in a global recession in 2009. The economic collapse began when the U.S. housing

This research paper will be reviewing the aftermath effects of 2008, one of the harshest U.S financial disaster happened in the worldwide financial system. The recession, which was from 2008 to 2009, was the longest recession and had its deep effects to the economy. The sub-prime crisis affected, not only to the US, but it’s footpath across the world. The economic financial system across the world experienced suffering very badly, thereby leading the deteriorating of the economy. According

The financial crisis of 2007-2009 affected virtually every market in the world. In the United States, the Dow Jones Industrial Average fell by 53.8 percent in less than a year and a half, 1 out of every 45 homes were under foreclosure, all but two investment banks either failed or were acquired, the largest insurance company

This essay will talk about how the financial crisis influenced enterprises in the UK and in China. It’s obvious that the financial crisis originated in the United States and it had three major features: high destructive effect, long continuance and wide spreading. Many enterprises are impacted by the financial crisis in terms of imports and exports, unemployment and enterprise competition. In China, small and medium-sized enterprises are very necessary because China is a large population of developing countries, and it is better able to promote the development of national economy. Therefore, China should help small and medium-sized enterprises solve problems. For the UK, the financial services industry is a major industry, if the financial sector can’t operate properly, the British economy will become a failure. Due to the impact of the crisis, Britain also suffered a severe credit crunch. The house market in the UK is quite low. Moreover, under the financial crisis, lots of people can’t acquire a job because many enterprises close down. The number of unemployment increase dramatically, therefore the influence of the financial crisis is very serious.

The global financial crisis of 2008-2009 is considered to be worst financial crisis since the Great Depression of the 1930s. Large financial institutions collapsed, banks received bailouts by the government, and stock markets plummeted as well. In result, people were being denied loans. The housing market became a problem because of financial issues and many people were unable to continue to pay their mortgages which resulted in evictions and foreclosures. Sellers’ homes’ remained on the market and were unable to be sold. There was an extreme amount of supply, but not enough demand. Major businesses also failed, and millions of people lost their

Ms. Preeti Mishra (Research Scholar) Faculty of Management Studies, Mody University of Science & Technology, Lakshmangarh - 332311 Distt: Sikar (Rajasthan)

Periyar Institute of Management Studies, Periyar University, Salem University Research Fellow, Periyar Institute of Management Studies, PeriyarUniversity,Salem

Faculty of Economics and Management Sciences, International Islamic University Malaysia, Kuala Lumpur, Malaysia Correspondence: Muhammad Sabbir Rahman, Graduate School of Management, Multimedia University, Persiaran Multimedia, 63100 Cyberjaya, Selangor Darul Ehsan, Malaysia. Tel: 60-19-239-4097. E-mail:

In the partial fulfillment of the requirement of Master of Business Administration (M.B.A.) Program (2002-2004) Hemchandracharya North Gujarat University, Patan.