International Financial And Management Analysis

Running head: INTERNATIONAL FINANCIAL MANAGEMENT
INTERNATIONAL FINANCIAL MANAGEMENT
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INTERNATIONAL FINANCIAL MANAGEMENT
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Table of Contents
Chapter 2: Eun and Resnick (Textbook)....................................................................................2
Question 1..................................................................................................................................2
Question 2..................................................................................................................................2
Question 3..................................................................................................................................3
Question 4..................................................................................................................................4
Chapters 5, Eun and Resnick.....................................................................................................5
Question 1..................................................................................................................................5
Question 2..................................................................................................................................5
Question 3..................................................................................................................................6
References..................................................................................................................................7

INTERNATIONAL FINANCIAL MANAGEMENT
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Chapter 2: Eun and Resnick (Textbook)
Question 1
In 2009, Greece had to face a long-lasting recession because of the socioeconomic,
demographic, and political implications. The demographic issues arise mainly due to lower
birth rates, leading to adverse natural population change, and even migration is one of the
significant reason for the issues. There is a lack of structural weakness in the Greek economy
and even absence of flexibility in the monetary policy as a member of the Eurozone. In 2009,
there was a turmoil of great worldwide recession in Greece that leads to an economic crisis in
the country (Art 2015). The socioeconomics crisis affected the mental health of the
population in the country. The crisis results in unemployment, income loss, and financial
hardship in the entire country. The economic crisis paved the way for income inequality, raise
in the poverty level, political instability, refugee issues, and many more problems that are not
controllable by the government of the country (Butler, Jensen and Snaith 2016). The
unemployment rates increased rapidly and lead to income inequality in the country. Due to
the crisis, the sustainability of social health insurance and various system related to pension
was at stake. The economic downturn mainly affected the national health system of the
country. If the public health perspective is taken into consideration, then structural issues
related to legal, administrative, and financial issues are the barriers to access to healthcare. It
can be conveyed that socioeconomic crisis has led to an adverse impact on the health of
Greek population, and ultimately this leads to mental distress of the population of Greece.
Question 2
The policymakers of the European trying to frame specific deal by which the country
can come out of the crisis and can become safe from bankruptcy. Even the experts are trying
to evaluate specific potential costs of failure. Greece government assumes that long-lasting