economic crisis overview
economic crisis overview
Overview – Asia-Pacific Markets For Dental Prosthetics And Cad Cam Devices 2010
Asia-Pacific Markets for Dental Prosthetics and CAD CAM Devices 2010
In 2008, the Asia-Pacific market for dental prosthetics (crowns, bridges and dentures) was valued at over US$6 billion. The Asia-Pacific market includes Australia, Japan and South Korea. The aging population and greater demand for aesthetic dentistry are driving forces in the prosthetics market. The global economic crisis, which began in 2008, has led to a slowdown in the overall market; however, the market is expected to grow over the forecast period, reaching US$7.2 billion by 2015. ( http://www.bharatbook.com/detail.asp?id=131997&rt=Asia-Pacific-Markets-for-Dental-Prosthetics-and-CAD-CAM-Devices-2010.html )
This market includes:
Crowns and bridges
Dentures
Dental alloys and porcelain powder
Computer aided design/computer aided manufacture (CAD/CAM) systems
The Japanese market for dental prosthetics was the largest in terms of both unit volume and market value, as it accounted for approximately 80% of the total Asia-Pacific market.
All-ceramic prosthetic devices made using CAD/CAM technology are quickly gaining market share at the expense of conventionally fabricated devices. Although the economic recession has constrained patients’ discretionary incomes and limited the crowns and bridges market, the market for all-ceramic restorations is expected to quickly re-establish growth following the economic recovery.
The Asia-Pacific dental prosthetics market includes many local players such as: Addens, Ceracys, Dentaim and Renis in South Korea; GC in Japan; and Stoneglass in Australia. This report provides a comprehensive and detailed analysis of market revenues by device type, market forecasts through 2015, unit sales, average selling prices, market drivers and limiters and a detailed competitive analysis, including manufacturer market shares and product portfolios.
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WHY is there hyperinflation in Zimbabwe? Quick overview please?
For the past few months, as you may know, we’ve all been ear-clogged with grim news about the ever-growing hyperinflation crisis and general economic instability in Zimbabwe.
But would someone be able to explain this situation to me in a nutshell, and pinpoint the main causes, effects and solutions to this specific crisis.
And what is the golden solution to this problem? Many experts are suggesting revaluing the Zimbabwean Dollar – but what does that mean and how would it really help? If it is so simple, why hasn’t Mugabe done this already?
Many thanks =D
(I have a background in economics, so can understand basic terms etc..)
One of the main reasons is that they pay off debts by printing money. Another cause is that Mugabe broke up working farms and distributed small parcels to poor farmers without training them on how to farm, so the agricultural industry was destroyed.
They tried revaluing the currency a couple years ago, and it didn’t do anything, because it doesn’t attack the source of the problem, which is that too much money is being printed.
The solution would be not only to control the printing of money, but also to implement comprehensive economic reform, which I don’t think is possible as long as Mugabe is in power, since he seems to be concerned only with keeping himself in power at all costs.
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