Historical financial flows compared with the actual financial crisis

Gogova Samonikov, Marija and Nikolova, Elena (2012) Historical financial flows compared with the actual financial crisis. International conference: Trends and Challenges in the Economic Development, 10-11 May, 2012.

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Abstract

Today in the global economy the importance of financial systems is more vulnerable than ever. To understand the situation and to find a solution for the current instability sometimes is good to look back in the history in order to find alternatives for avoiding or preventing the crisis. The focus of this paper is the analysis of the financial and debt crisis in small economies provoked from big economy actions trough the history, and their repeating in the present. The main objective is to set a model which shows that economic circles are leaking. The research results are presented in a consistent form. The conclusion emphasizes once again that the history comes again today, and that the present financial situation should be anticipated. Key words: financial crisis, financial alternatives

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Marija Gogova
Date Deposited: 28 Jan 2013 09:45
Last Modified: 28 Jan 2013 09:45
URI: http://eprints.ugd.edu.mk/id/eprint/5150

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