It is in this context that entrepreneurs will develop their businesses in a sustainable manner, attenuate the influence of global economic crisis, creating more equality and reducing vulnerability to external shocks(global crises)..
This reality is further complicated by the enduring effects of the global economic crisis, the impact of humanitarian catastrophes, health epidemics, and the devastating consequences of violent conflict.
The global economic crisis, high-profile banking failures and increased regulatory supervision have highlighted the importance of sound financial management and robust reporting.
The global economic crisis, high-profile banking failures and increased regulatory supervision have highlighted the importance of sound financial management and robust reporting.
But in 2008, just as we were gearing up for the next phase of growth, we were hit hard by the impact of the global financial crisis, while the business environment enveloping the Group again changed dramatically.
To cushion the impact of the global financial crisis in 2008, China unleashed a monetary stimulus package aiming to prevent the economy from being dragged down. The government-led credit boom has been a key contributor to China's economic growth in recent years.
At a time of global economic crisis we are determined to assist developing countries in coping with the impact of the crisis, which is having a disproportionate impact on the vulnerable in the poorest countries, and to work with them to achieve sustainable development, food security, good governance, peace and security, in order to promote access to economic and social opportunities for all and improve human security.
Against the background of the current increasing challenges to human rights and the rule of law, and in the context of a global economic crisis, poverty and ever increasing inequalities, these treaties remain the bedrock of the EU's work on promoting and defending all human rights and fundamental freedoms, and are the vital international legal basis for their universality, indivisibility and interrelatedness.
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