Consequences of the Global Economic Crisis on the Czech Economy

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F10%3A%230000585" target="_blank" >RIV/47813059:19520/10:#0000585 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Consequences of the Global Economic Crisis on the Czech Economy
Original language description
This paper studies the ongoing economic crisis and its consequences on the Czech economy. According to most economists the cause of the contemporary crisis was the financial crisis which is triggered by a liquidity shortfall in the United States bankingsystem. It has resulted in the collapse of large financial institutions, the "bail out" of banks by national governments and downturns in stock markets around the world. The Czech economy has been severely hit by the global economic and financial crisis.Massive drop of GDP led to increase in the unemployment rate. After a brief history of the main events and an analysis of their possible causes the paper focused on a real economy analysis. In conclusion, a reminder of the challenges is provided and also some recommendations are suggested.
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Project
<a href="/en/project/GP402%2F09%2FP142" target="_blank" >GP402/09/P142: Institutional labour market framework in the context of economic convergence and adopting single currency (application on Visegrád group)</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2010
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical
Scientific Papers. Sborník vědeckých prací Univerzity Pardubice.
ISSN
1211-555X
e-ISSN
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Volume of the periodical
2010
Issue of the periodical within the volume
17
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
13
Pages from-to
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UT code for WoS article
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EID of the result in the Scopus database
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