Low levels of capital relative to assets were a major factor in the recent global financial crisis.
It's also Israel's economic engine, home to a thriving high-tech industry and buoyant banking sector that helped the country escape the recent global financial crisis relatively unscathed.
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In a recent report, " The Implications of the Global Financial Crisis for Low-Income Countries, " the Fund singled out sub-Saharan Africa as particularly vulnerable to the crisis, as lower global growth reduces export demand and depresses commodity prices.
We must also do more to safeguard the recent gains, which may well be under threat from the global economic and financial crisis.
But a recent uptick in drug-related killings has compounded fiscal troubles brought on by the global financial crisis in the once glamorous Hollywood haunt.
Housing costs have risen almost nonstop as Singapore's economy recovered from the global financial crisis, and have been the cause of growing public complaints in recent years.
They say that as the global financial crisis and the eurozone's debt issues hurt global demand in recent years, many of the economies in Asia eased their policies to help stoke domestic consumption to sustain growth.
There's no getting around it, the BRICs have come out of the global financial crisis remarkably well, especially China, whose diplomatic skills at the recent G20 Summit in Cannes impressed all who were there and left the American delegation rather nervous.
One thing that quickly becomes apparent when examining the numerous regulatory reforms that are currently being attempted on both sides of the Atlantic in recent years is that the attitude of regulators towards private equity and hedge funds changed significantly during the global financial crisis.
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Growth in Europe has slowed in recent months as the eurozone debt crisis has forced governments to rein in spending and has undermined confidence in global financial markets.
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