Global economic crisis and unemployment: the Case of the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F10%3A%230000586" target="_blank" >RIV/47813059:19520/10:#0000586 - 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
Global economic crisis and unemployment: the Case of the Czech Republic
Original language description
This paper studies the contemporary economic crisis and its consequences on labour market, respectively unemployment. 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 banking system. 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. Real gross domestic product decreased in almost all EU countries. Massive drop of GDP led to increase in unemployment rate. Higher unemployment rate has many social and economic impacts on population. After a brief history of the main events and an analysis of their possible causes the paper focused on labourmarket 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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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

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