SLOW-MOVING RECESSION, NEW PHENOMENА AND REGULARITY OF GLOBAL FINANCIAL CRISIS
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SLOW-MOVING RECESSION, NEW PHENOMENА AND REGULARITY OF GLOBAL FINANCIAL CRISIS
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PII
S268667300000616-7-1
Publication type
Article
Status
Published
Edition
Pages
39-51
Abstract
The global crisis of 2008- 2009 and ongoing recession have increased the imbalances and gap in efficiency, quality of life, adaptability to new technology between developed and developing economies. The Western Central Banks are taking anti-crisis measures: provide loans, buy distressed sovereign debt. It was decided to establish the United Banking Alliance. But the growth of the world economy by itself will not solve all the problems. The world is faced with the necessity of joint actions of the G-20 and of solving the problems of civilization.
Keywords
global crisis, recession and anti-crisis policy in euro zone, imbalance and contradictions between U.S. and other world
Date of publication
09.01.2015
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1
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917
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