The Global Economic Crisis - What Went Wrong and the Ways Out

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Authors

MYŠÁKOVÁ Petra

Year of publication 2009
Type Article in Proceedings
Conference COFOLA 2009: the Conference Proceedings
MU Faculty or unit

Faculty of Law

Citation
Web http://www.law.muni.cz/edicni/cofola2009/index.html
Field Law sciences
Keywords global financial and economic crisis;conditionalities;developing countries;developed countries;impacts;poverty
Description The contributions is dealing with the current global financial and economic crisis which is the most severe one in the modern history of mankind. Compared to any other previous events in this regard, the present situation is unprecedented while many causes lead to the collapse on the global level at the same time. The crisis started off in the developed world but the tremendous consequences of it are to be felt worldwide, and in particular in the developing countries. The exit strategies must be truly exit for all the countries, regardless the level of development and the new paradigm in the global financial structure must be found as one of the responses to this crisis.
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