Ernst & Young Issues Financial markets and economy Overview - Ernst & Young - United States

The world's best entrepreneurs -- including those in the East -- are critical to restarting the global economy. Find out how they're doing it.

Despite the challenging fiscal climate, there are a few optimistic signs of change in today’s economic environment.This issue of BoardMatters Quarterly is dedicated to helping audit committees understand the issues that lie ahead (pdf, 598K) and suggests areas of focus going forward.

Global economic recovery depends on the proven relationship of entrepreneurship and innovation to economic growth. Leveraging our multi-decade engagement with the world's best entrepreneurs and high-growth companies this paper argues there's no time like now to take advantage of entrepreneurial thinking to lead the marketplace back to health. It provides a point of view about the entrepreneurial mind set and why "You're never too big to be an entrepreneur."

It has become a truism that a crisis is a terrible thing to waste. And organizations that take risks in bad times are recognized as heroes when success comes their way. In this edition of InterChange you will find insights on sustaining your future, valuation in turbulent times, private equity middle market deals and our cross-border article addressing due diligence on corrupt practices (pdf, 68K).

The US economy is in economical difficulties, and President Obama’s $787 billion stimulus package has introduced tax cuts and targeted priority investments that are geared to supporting economic recovery and saving or creating and estimated 3.5 million jobs. The package will have a significant impact on the power and utilities industry. This paper summarizes the key tax changes and new investment incentives in light of the economic, technological and environmental challenges (pdf, 106K) the industry is facing over the next several years.

In the wake of today’s economic crisis, cash management and release are at the top of corporate agendas. While markets remain fragile, a focus on cash protection can help companies secure their present. Join us Tuesday, July 28, 2009 for this Thought Center webcast as panelists discuss priorities for cash preservation and generation.

Global financial market events have created unprecedented challenges for the insurance industry. Risks are inherent in every forward-looking business decision and therefore, successful risk management should be an integral part of an organization’s strategy and operations. The economic downturn has taught us that the most important risks are the ones we did not see or anticipate. Read the top 10 risks most likely to affect the insurance sector during 2009 (pdf, 583K).

The current economic crisis is calling into question business model fundamentals and putting all companies under stress. So, is it possible to prosper in a global downturn? We researched this question with over 300 global executives.