eurozone economy picks up pace in november 2015 after 4 years (impact on pak)
TRANSCRIPT
![Page 1: Eurozone economy picks up pace in november 2015 after 4 years (impact on Pak)](https://reader031.vdocument.in/reader031/viewer/2022022202/5882a1341a28ab92618b6141/html5/thumbnails/1.jpg)
Presenters: Ambreen Bakhtawar
![Page 2: Eurozone economy picks up pace in november 2015 after 4 years (impact on Pak)](https://reader031.vdocument.in/reader031/viewer/2022022202/5882a1341a28ab92618b6141/html5/thumbnails/2.jpg)
![Page 3: Eurozone economy picks up pace in november 2015 after 4 years (impact on Pak)](https://reader031.vdocument.in/reader031/viewer/2022022202/5882a1341a28ab92618b6141/html5/thumbnails/3.jpg)
![Page 4: Eurozone economy picks up pace in november 2015 after 4 years (impact on Pak)](https://reader031.vdocument.in/reader031/viewer/2022022202/5882a1341a28ab92618b6141/html5/thumbnails/4.jpg)
European debt crisis• A multi-year debt crisis that has been taking place in
the European Union since the end of 2009
• Causes of the debt crises varied.
• Main cause: The structure of the euro zone as a currency union (i.e., one currency) without fiscal union (e.g., different tax and public pension rules) contributed to the crisis and limited the ability of European leaders to respond.
![Page 5: Eurozone economy picks up pace in november 2015 after 4 years (impact on Pak)](https://reader031.vdocument.in/reader031/viewer/2022022202/5882a1341a28ab92618b6141/html5/thumbnails/5.jpg)
Impacts of Euro crisis
![Page 6: Eurozone economy picks up pace in november 2015 after 4 years (impact on Pak)](https://reader031.vdocument.in/reader031/viewer/2022022202/5882a1341a28ab92618b6141/html5/thumbnails/6.jpg)
• Asia’s banks and financial institutions may exposure to government bond of eurozone periphery countries at the heart of euro crises.
• Exports declined.• Eurozone may cutback their lending
to Asia.
![Page 7: Eurozone economy picks up pace in november 2015 after 4 years (impact on Pak)](https://reader031.vdocument.in/reader031/viewer/2022022202/5882a1341a28ab92618b6141/html5/thumbnails/7.jpg)
Investors look to pull out of Europe, they would be interested in this region. As developing markets we have the potential to offer them a safer and higher
rate of return on their investments.”
“In the case of Pakistan, however, there is an urgent need for structural reform before we can be in a position to attract inflows from foreign investors
looking to limit their exposure to Europe.
SBP Governer Yaseen Anwar
![Page 8: Eurozone economy picks up pace in november 2015 after 4 years (impact on Pak)](https://reader031.vdocument.in/reader031/viewer/2022022202/5882a1341a28ab92618b6141/html5/thumbnails/8.jpg)
![Page 9: Eurozone economy picks up pace in november 2015 after 4 years (impact on Pak)](https://reader031.vdocument.in/reader031/viewer/2022022202/5882a1341a28ab92618b6141/html5/thumbnails/9.jpg)
The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.
![Page 10: Eurozone economy picks up pace in november 2015 after 4 years (impact on Pak)](https://reader031.vdocument.in/reader031/viewer/2022022202/5882a1341a28ab92618b6141/html5/thumbnails/10.jpg)
•A contraction in the global economy affects the level of country’s exports, foreign direct investment and home remittances adversely.
• Pakistan’s annual exports in fiscal year 2013-14 were $25 billion out of which one third were to Europe.
![Page 11: Eurozone economy picks up pace in november 2015 after 4 years (impact on Pak)](https://reader031.vdocument.in/reader031/viewer/2022022202/5882a1341a28ab92618b6141/html5/thumbnails/11.jpg)
What Can be Impacts???
![Page 12: Eurozone economy picks up pace in november 2015 after 4 years (impact on Pak)](https://reader031.vdocument.in/reader031/viewer/2022022202/5882a1341a28ab92618b6141/html5/thumbnails/12.jpg)
• Exports would increase.• Return on investments can increase.• So, it would be step to prosperity.
![Page 13: Eurozone economy picks up pace in november 2015 after 4 years (impact on Pak)](https://reader031.vdocument.in/reader031/viewer/2022022202/5882a1341a28ab92618b6141/html5/thumbnails/13.jpg)
ThankYou