Forecasters ability to analyze and forecast future trends

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Economic crises in one country often have an impact on the economic or business measures of other countries. For example, economic and monetary crises in Asia in 1997, the Argentine debt crisis of 2001, and more recently the European currency crisis of 2011, have impacted businesses, currency markets, and future financial forecasts. For this question, do some research on one of these economic events, and relate how an economic crisis in one country can impact the wider global economy. Also, indicate what impact the crisis would have on a forecaster’s ability to analyze and forecast future trends.

Reference no: EM131188165

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