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collateral damage 2008 what the crisis in the credit markets means for everyone else

Hiện trạng kinh tế tài chính và 2. Cội rễ của cuộc khủng hoảng hiện tại 3. Sự kết thúc của nhu cầu nợ 4-Được sự. Cuộc khủng hoảng có nghĩa là cho nền kinh tế thựcKhông có truy cập cho Quỹ B. Đáng chú ý là cao hơn chi phí của vốn cổ phần C. thưởng yếu D. | The Boston Consulting Group Collateral Damage Part 1 What the Crisis in the Credit Markets Means for Everyone Else David Rhodes Daniel Stelter Shubh Saumya and André Kronimus 7 October 2008 Contents 1. The Current Financial and Economic Situation 1 2. The Roots of the Current Crisis 1 3. The End of Debt-Fueled Demand 3 4. What the Crisis Means for the Real Economy 4 A. No Access to Funds 5 B. Significantly Higher Cost of Capital 5 C. Weak Stock Markets 5 D. Bonus for Cash 6 E. Reduced Cash Flow 6 F. Credit Losses 6 G. Significant Balance-Sheet Risks 6 H. Bursting of the Profit Bubble 6 I. Continued Volatility 6 J. Protectionism 7 K. Wave of Industry Consolidation 7 L. More Government Intervention 7 M. Re-regulation 7 N. Change in Consumer Behavior 7 O. Every Industry Will Be Affected 7 P. A Sidebar of Good News 7 5. How to Deal with the Difficult Times Ahead 8 A. Introduce a Crisis-Monitoring Team and Stress-Test Scenario Planning 8 B. Watch Your Cash 8 C. Reduce Trade Credits 8 D. Start Working Capital Initiatives 8 E. Restructure Your Debt 8 F. Act Now on Cost and Organizational Efficiency 8 G. Reassess Your Investment Program 8 H. Reevaluate Offshore Manufacturing 8 I. Manage Financial Policies and Investor Messaging 9 J. Adapt Your Product Portfolio 9 K. Look for Out of the Box Pricing 9 L. Divest Noncore Businesses 9 M. Look for Opportunities and Engage in Selective M A 9 N. Plan for the Upturn 9 The Boston Consulting Group 7 October 2008 Collateral Damage Part 1 What the Crisis in the Credit Markets Means for Everyone Else Given the dramatic events in the capital markets everyone is wondering what will happen next and what the implications are for the wider economy. This paper is structured into five chapters. The first three chapters explain some of the background to the crisis both in the capital markets and now in the broader economy the fourth chapter explores likely future economic scenarios and the challenges facing companies outside of the financial .