Extreme Tools of World Economy Management and Their Risks.
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F19%3APU133795" target="_blank" >RIV/00216305:26510/19:PU133795 - isvavai.cz</a>
Alternative codes found
RIV/00216224:14560/19:00111429
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Extreme Tools of World Economy Management and Their Risks.
Original language description
This paper deals with the problems of contemporary development of world economy and the manner of its management. Its aim is to evaluate current development of the economy of the most important countries of the world and, subsequently, to analyze assets and risks of their macroeconomic management and to predict future development, with special respect to early identification of possible commencement of future crisis. Firstly, this is an analysis of contemporary economic development of the most important world economies, before all the US, China, Japan, the most important member states of the EU and further globally important countries, in context with specific manners of their management. In connection with this, pros and cons of tools of monetary and fiscal regulation, used by them, as well as further problems that might result in future world crisis, are specified. Furthermore, contemporary global economic development is analysed and its future course is predicted and the most important risks are specified, both current risks and those ones related to potential feasible introduction of further, newly considered extreme tools of macroeconomic management. In conclusion, prognosis made by German economist and politician Marcus Faber, published in 2015: “The collapse of contemporary system is unavoidable” has been confirmed.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
European Financial Systems 2019. Proceedings of the 16th International Scientific Conference
ISBN
978-80-210-9338-6
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
457-465
Publisher name
Neuveden
Place of publication
Neuveden
Event location
Brno
Event date
Jun 24, 2019
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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