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Financial Crises and Economic Activity [PDF]
, 2009 We study the output costs of 40 systemic banking crises since 1980. Most, but not all, crises in our sample coincide with a sharp contraction in output from which it took several years to recover. Our main findings are as follows. First, the current financial crisis is unlike any others in terms of a wide range of economic factors.
Stephen G. Cecchetti +2 more
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Economic crises and Inequality [PDF]
, 2011 Sustainability for a society means long-term viability, but also the ability to cope with economic crises and disasters. Just as with natural disasters, we can minimize the chance of them occurring and set in place policies to protect the world’s citizens against their consequences.
Anthony B. Atkinson, Salvatore Morelli
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The Political Foundations of Economic Crises and the Economic Foundations of Political Crises; The Intermingling Relationship: Turkish Case 1950–2002 [PDF]
Atlantic Economic Journal, 2013 The political foundations of economic and financial crises have been examined solely vis-à-vis populist macroeconomic policies, but the political consequences of such economic crises have seldom been discussed in the literature.
Hursit Günes
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SSRN Electronic Journal, 2022
This paper explores whether coups cause increased crisis risk, and if some types of coups are associated with stronger risk. I use a worldwide sample with data on more than 1200 onsets of economic crisis between 1950 and 2019, treat separate effects of military and civilian coup attempts, and distinguish between failed and successful coups.
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This paper explores whether coups cause increased crisis risk, and if some types of coups are associated with stronger risk. I use a worldwide sample with data on more than 1200 onsets of economic crisis between 1950 and 2019, treat separate effects of military and civilian coup attempts, and distinguish between failed and successful coups.
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A game theoretic model of economic crises [PDF]
Applied Mathematics and Computation, 2015 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Jonathan W. Welburn, Kjell Hausken
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The Benefits of Crises for Economic Reforms [PDF]
American Economic Review, 1990 This paper presents a model in which economic crises have positive effects on welfare. Periods of very high inflation create the incentive for the resolution of social conflict and thus facilitate the introduction of economic reforms and the achievement of higher levels of welfare.
Drazen, Allan, Grilli, Vittorio
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Financial Crises and Economic Growth
SSRN Electronic Journal, 2012This paper constructs a simple yet robust model of financial crises and economic growth where financial markets affect real economic activity. Financial markets increase real output by facilitating investment through the borrowing/lending of capital. However, the borrowing of capital is risky due to randomness in the firm's production. Financial crises
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Financial and Economic Crises in Asia
Review of Income and Wealth, 2001Review of The Asian Financial Crisis: Causes, Contagion and Consequences, edited by Pierre‐Richard Agénor, Marcus Miller, David Vines and Axel Weber (1999), and The Indonesian Economy in Crisis: Causes, Consequences and Lessons by Hal Hill (1999).
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Economic Crises and Growth Regimes
2014The financial crisis of 2008 developed into the so-called Euro-zone crisis. Triggered by the unexpected bankruptcy of Lehman Brothers in September 2008, the financial crisis soon developed into a global economic crisis involving the manufacturing sector, bringing about a social crisis affecting employment and various aspects of life.
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Crises and economic development
Normirovanie i oplata truda v promyshlennosti (Rationing and remuneration of labor in industry), 2020The results of economic development in 2019-2020 are considered. An assessment of the application of the Western sanctions is given. Solutions for economic recovery are formulated. Priorities in the development of industry are proposed. The analysis of the plan for overcoming the crisis is performed.
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