爱尔兰论文代写:PIIGS与欧元

15 1月 爱尔兰论文代写:PIIGS与欧元

爱尔兰论文代写:PIIGS与欧元

PIIGS国家没有对他们的收入来源有很多制造。他们主要靠旅游业获取收入。当单一货币欧元宣布后,他们开始用他们从德国和法国银行获得的廉价资金消费。因此,他们投资于基础设施,或他们的公共服务补贴,即使他们没有那么多的收入。他们之所以能这样做,是因为他们给了他们便宜的钱.。因此,间接的是德国人为此付出代价。德国人和法国人在他们的工业中很有竞争力,这些国家的生产成本很高,因此这些国家出口不多.。欧元后,德国公司出口变得更加容易,这甚至进一步降低了他们的竞争力。因此,这些国家的收入来源并不多,他们不应该花他们在危机前花的钱。
欧元共同货币的利与弊
当一切顺利的时候,这些国家什么也没有发生。然而2008次危机之后,事情开始恶化。当他们达到债务上限和时间开始偿还,他们无法偿还。在偿还金额方面,希腊排在第一位.。它已经由私人投资者和其他政府国家。他们没有办法偿还债务。唯一的办法是采取更多的债务。然而,这些国家有许多障碍。
国家的一个方法是拖欠债务。然而,这主要是财政债务是从德国和法国银行会有较少的机会,这些国家将允许PIIGS国家违约,他们将面临巨大损失。

爱尔兰论文代写:PIIGS与欧元

PIIGS nation did not have much manufacturing on their revenue source. They were mostly dependant on tourism for their revenue. When the single currency Euro was announced they started spending on the cheap money they got from the Germany and the France banks. Thus they invested in their infrastructure or they subsidized their public services even though they did not have that much revenue. They were able to do that because there cheap money which was given to them. Thus indirectly it was the Germans who were paying for this. Germans and French were competitive in their industries and these nations’ costs of production were high and as a result these nations did not export much. Post the euro currency it became easier for the Germany firms to export and this even further reduced their competitiveness. Thus the revenue source for these nations was not much and they should not have spend the money they spent prior to the crisis.
Advantages and Disadvantages of Euro Common Currency
When everything was going good there was nothing happening with these nations. However post the 2008 crisis things started to worsen. When they hit the debt ceiling and the time started to come to repay they couldn’t repay it. Greece was at the top of the list in terms of amount to be repaid. It has already by the private investors and other government nations. There is no way that they can repay the debt. The only way is to take more debt. However there are many obstacles for these nations.
One way for the nations is to default on the debt. However as this debt is mainly been finance from the Germany and France banks there would be less chance that these nations would allow the PIIGS nation to default as they will face huge losses.