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An economic recession occurs on Mining industry

November 27th, 2009 | Posted by sony | Category: Mining Industry | No Comments

The expansionary monetary and fiscal policies coupled with sub-prime and speculative lending and weak financial regulatory systems in the industrialized world, especially the US, have led to the global financial and economic crisis (Laborde and Torero, IFPRI, 2009). Low interest rates and high public expenditures in industrialized countries have contributed to the crisis.
The global financial [...]

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