The Global Economic Crisis - What Went Wrong and the Ways Out
Authors | |
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Year of publication | 2009 |
Type | Article in Proceedings |
Conference | COFOLA 2009: the Conference Proceedings |
MU Faculty or unit | |
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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