IS THE NEW FINANCIAL CRISIS THREATENING THE GLOBAL ECONOMY?
Journal: Young Scientist (Vol.6, No. 8)Publication Date: 2018-08-01
Authors : Bakhnivskyi Valentyn;
Page : 353-359
Keywords : financial crisis; economy; model of Minsky; financial system; banks.;
Abstract
Everyday economic considerations usually revolve around press titles, most of which are the news titled: Are we threatened with a new financial crisis, from which part of the world will it start? The issue of the article introduces us to the historical data on the global financial crisis in 2007β09, beginning with the analysis of the crisis structure according to Hyman Minsky, who corresponds to the variety of capitalist economies of Western countries. Understanding the mechanism of the financial crisis is a reference to the events of 2007β09, when global markets were parried by economic collapse was a very important element in the following analysis of experts' notifications regarding the possibility of a new financial crisis in the global economy.
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Last modified: 2018-09-21 15:24:09