Euro Crisis December 2012_Ben Slay

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    :

    ,

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    , . . . G :

    E :

    A E

    E

    B :E

    B :

    E E C

    : A / E

    B E

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    . . . ,

    :I I

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    20082009

    9.0%

    5.5%

    11.4%

    7.2%

    2007 2009

    CIS SEE/NMS Euro zone USA Japan Other Asia

    . . 2.4%

    -6.4%

    -3.6% -4.1% -3.4%

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    2010

    9.5%

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    A

    L

    A

    A CI EE/ J A E

    5.0%4.6%

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    E 1999:

    1991 E (E)

    C E 2002

    :A E

    E C B B , E

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    E

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    . . .

    $1.26

    $1.37

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    1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

    ** ,

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    ,

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    E , F : 3% GD

    : 60% GD

    (

    )

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    17

    1999: A,B, F,F, G,I, I,

    ,,,

    2001: G

    2007: 2008: C,

    2009:

    2011: E

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    A :

    ,

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    I

    E 2008, E

    B , B,C, F ,

    20092010

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    B E, E D

    F , E

    , K,

    E

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    L ,

    B E ,

    E

    :

    C ( ) E BH, B, L

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    H

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    C G : E C B

    E F

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    :

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    : ,

    99% 106%

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    97% 96% 93%

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    (0%)

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    44%

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    42%

    68%

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    G, I, :

    H C

    IF, E F

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    F G

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    : 27

    8.5%

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    2008 2009 2010 2011

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    ,

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    ? D

    I G E, :

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    ( )

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    :

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    E: F E

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    , E :

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