Question

8. The increase in trade protectionism and geopolitical conflicts has led to an increase in global economic uncertainty. In this context, how to achieve the preservation or even value-added of wealth has become an important goal of financial management. Combine what you have learned talk about your views on financial management in an uncertain environment. (30 points)

Answer 1

It's a wider concept to describe in brief

Mainly the adverse effect of the global crisis can be sustained by the Monetary policy of the country. Mainly it should focus to control the inflation.The financial crisis mainly effects the business environment and consumer market and also the financial institutions. To sustain from above said effects first the monetary policy and the fiscal policy should be strong. Mainly we should give some relaxation in credit policies and methods like tax evasion to the companies at the time of economic slow down. Encouraging the exports by providing subsidies to the exports and keeping sanctions on the imports. Restructuring of small scale industries.

Government should infuse some capital in the market to curb economic slowdown and we should ensure that financial institutions should not effect from these policies which mainly acts as intermediary to the government and the public.This will bring the confidence to the consumers,small scale industries and corporate companies at the economic slowdown and also ensuring the inflation is in control.