英商報告-拯救希臘經濟
Introduction to Business: How to Save The Economy of Greece
The debt of Greece is the hottest incident of world’s financial system now. Distinctly, this is not only the crisis of Greece, but also a challenge to the whole euro area, or even the whole world. As we know, Greece is the country with over welfare, but they don’t have the strong economic system to support those amount of expenses. Then, the depression of global economy came. According to the reason we’ve mentioned, those reasons are accelerating the government of Greece to sell more government bonds. Furthermore, currencies all around the world interact each other, so if Greece which is one of the Member States of the European Union bankrupted, it will lead to the depreciation of euro, and the whole global economy system will mix up immediately. While all the countries around the world are figuring out what the Greece government supposed to do and how they solve their economic problem, we may also need to consider about that if we were the government of Greece, what we are supposed to do in order to solve this difficult situation. Now, we are going to show the solutions we’ve discussed with the following steps.
Increasing Incomes
To help Greece’s economy, one of the useful ways is tapping new resources, which can increase government’s incomes. First, the government sells parts of state assets to receive money for paying the dept. The state assets which are sold include airports, freeways, state-owned enterprises, banks, real estate, and even the main ports. Second, the government makes a change on taxation in fiscal policy. For example, the citizens of Greece pay taxes once a year, but the government receives less money than the amount they expect because of tax evasion. In order to make sure that the citizens pay taxes certainly, the government can levy taxes once every three months. The times of paying taxes are increased to avoid people’s tax evasion, but the total taxes are not increased. In addition, the government levies taxes according to citizens’ incomes, so people who earn more pay more taxes. And for the rich, if they buy products without considering essential, they must pay luxury tax. The changes on taxation can have an effect on making the government’s income more stable. Finally, encouraging foreign investors to invest the various local industries is also an essential way to help Greece’s economy. The government attracts businessmen to invest, and receive their money to pay the dept. These ways of tapping new resources can be used to increase government’s incomes.
Reducing Expenditure
To improve the economics of Greece, we should reform the retirement system, and adjust the salary of the public official and reduce the total employee amount of the public official. First the retirement confine to the public official him/herself, and his/her children aren’t allowed to continue to receive the payment of their parents’ retirement since this money is quite a large expenses to the government. And that also forces their children to find a job themselves which makes the business market more competitive. Second, to freeze the recruiting of the human resource management, on the other hand is to ask the recent employees to continue working for a short period within the crisis of the economic of Greece. Because the biggest matter that needs to be solved is to reduce the expenses of the government. The more years they work, the less money the government expenses. Third is to rising the age of retirement. In Greece, people who work with a dangerous job can retire early than the other ones who have normal jobs. Men with dangerous job have right to retire at 55 and women 50. But men with normal jobs are required to retire at the age of 65 and women at the age of 60. But people retire early that start to receive payment from government is a straight disadvantage to the deficit of the Greece economy. Therefore, a rule to ask the people with dangerous jobs to retire at the same age as the people with normal jobs is a good way to control the deficit. Raising their age of retirement ought to reduce the government cost efficiently.
The other important way to solve the problem is to reduce the government large expenses. First is to lower the right of the welfare for the public official to use the ration from the government such as or private drive or pension. Secondly, since the public official have such a nice welfare, it’s reasonable to cut their salary for balancing the government debt.Though they’re all emergent methods to save the Greece's economics,the government has to be responsible for the improper behavior. To avoid the protest of the citizens because of these instant measures, media advertising is required at this particular time.
Increasing The Stable Employment Rate and Cooperating with Other Countries
If we were the Greece government, we may try to figure out the solutions of increasing the stable employment rate and the income.In order to develop the long-term stability of the economy, the first step is making use of the advantage of the climate which means that we have to develop the renewable energy sources. For example : solar power, wind power and so on. To stimulate the speed of developing renewable energy sources, we have to buy the mature strategies from those countries who have been developing this kind of skills for a long time and also experienced.Then, expand the quota of import and export, and it would much easier for other countries to invest. Therefore, other countries will be willing to rent the ground of Greece in order to produce the solar power efficiently. There is a best strategy we have for example we can predict the earthquake much earlier and much exacter than any other countries in the world and that’s the reason why we can also make use of this technology to earn more profit by peddling the earthquake prediction technology to other countries, Japan, for instance, to show our own strength to the countries all around the world. There’s another thing we can do is to make use of the huge amount of tourists of our country. It means that we can arrange a reserved space for the countries that want to give much publicity to their cultures and increase the popularity of their countries. Also, the manufactures who want to sell more products can make use of the huge amount of tourists to upgrade the exposure rate of the products. Those ideas can give Greece the stable and long-term growth of economy.
Although the changes of policy and business are helpful to Greece’s economy, receiving the money for bailout from European Union and International Monetary Fund is still the main purpose. Slow action cannot save a critical situation, so the first thing to do is trying hard to overcome the predicament. After that, the long-range innovation in policies can promote the economic growth. That is the only method to solve Greece’s economic problem permanently.
The debt of Greece is the hottest incident of world’s financial system now. Distinctly, this is not only the crisis of Greece, but also a challenge to the whole euro area, or even the whole world. As we know, Greece is the country with over welfare, but they don’t have the strong economic system to support those amount of expenses. Then, the depression of global economy came. According to the reason we’ve mentioned, those reasons are accelerating the government of Greece to sell more government bonds. Furthermore, currencies all around the world interact each other, so if Greece which is one of the Member States of the European Union bankrupted, it will lead to the depreciation of euro, and the whole global economy system will mix up immediately. While all the countries around the world are figuring out what the Greece government supposed to do and how they solve their economic problem, we may also need to consider about that if we were the government of Greece, what we are supposed to do in order to solve this difficult situation. Now, we are going to show the solutions we’ve discussed with the following steps.
Increasing Incomes
To help Greece’s economy, one of the useful ways is tapping new resources, which can increase government’s incomes. First, the government sells parts of state assets to receive money for paying the dept. The state assets which are sold include airports, freeways, state-owned enterprises, banks, real estate, and even the main ports. Second, the government makes a change on taxation in fiscal policy. For example, the citizens of Greece pay taxes once a year, but the government receives less money than the amount they expect because of tax evasion. In order to make sure that the citizens pay taxes certainly, the government can levy taxes once every three months. The times of paying taxes are increased to avoid people’s tax evasion, but the total taxes are not increased. In addition, the government levies taxes according to citizens’ incomes, so people who earn more pay more taxes. And for the rich, if they buy products without considering essential, they must pay luxury tax. The changes on taxation can have an effect on making the government’s income more stable. Finally, encouraging foreign investors to invest the various local industries is also an essential way to help Greece’s economy. The government attracts businessmen to invest, and receive their money to pay the dept. These ways of tapping new resources can be used to increase government’s incomes.
Reducing Expenditure
To improve the economics of Greece, we should reform the retirement system, and adjust the salary of the public official and reduce the total employee amount of the public official. First the retirement confine to the public official him/herself, and his/her children aren’t allowed to continue to receive the payment of their parents’ retirement since this money is quite a large expenses to the government. And that also forces their children to find a job themselves which makes the business market more competitive. Second, to freeze the recruiting of the human resource management, on the other hand is to ask the recent employees to continue working for a short period within the crisis of the economic of Greece. Because the biggest matter that needs to be solved is to reduce the expenses of the government. The more years they work, the less money the government expenses. Third is to rising the age of retirement. In Greece, people who work with a dangerous job can retire early than the other ones who have normal jobs. Men with dangerous job have right to retire at 55 and women 50. But men with normal jobs are required to retire at the age of 65 and women at the age of 60. But people retire early that start to receive payment from government is a straight disadvantage to the deficit of the Greece economy. Therefore, a rule to ask the people with dangerous jobs to retire at the same age as the people with normal jobs is a good way to control the deficit. Raising their age of retirement ought to reduce the government cost efficiently.
The other important way to solve the problem is to reduce the government large expenses. First is to lower the right of the welfare for the public official to use the ration from the government such as or private drive or pension. Secondly, since the public official have such a nice welfare, it’s reasonable to cut their salary for balancing the government debt.Though they’re all emergent methods to save the Greece's economics,the government has to be responsible for the improper behavior. To avoid the protest of the citizens because of these instant measures, media advertising is required at this particular time.
Increasing The Stable Employment Rate and Cooperating with Other Countries
If we were the Greece government, we may try to figure out the solutions of increasing the stable employment rate and the income.In order to develop the long-term stability of the economy, the first step is making use of the advantage of the climate which means that we have to develop the renewable energy sources. For example : solar power, wind power and so on. To stimulate the speed of developing renewable energy sources, we have to buy the mature strategies from those countries who have been developing this kind of skills for a long time and also experienced.Then, expand the quota of import and export, and it would much easier for other countries to invest. Therefore, other countries will be willing to rent the ground of Greece in order to produce the solar power efficiently. There is a best strategy we have for example we can predict the earthquake much earlier and much exacter than any other countries in the world and that’s the reason why we can also make use of this technology to earn more profit by peddling the earthquake prediction technology to other countries, Japan, for instance, to show our own strength to the countries all around the world. There’s another thing we can do is to make use of the huge amount of tourists of our country. It means that we can arrange a reserved space for the countries that want to give much publicity to their cultures and increase the popularity of their countries. Also, the manufactures who want to sell more products can make use of the huge amount of tourists to upgrade the exposure rate of the products. Those ideas can give Greece the stable and long-term growth of economy.
Although the changes of policy and business are helpful to Greece’s economy, receiving the money for bailout from European Union and International Monetary Fund is still the main purpose. Slow action cannot save a critical situation, so the first thing to do is trying hard to overcome the predicament. After that, the long-range innovation in policies can promote the economic growth. That is the only method to solve Greece’s economic problem permanently.
