Impact of economic crisis on the world economy in Bulgaria and Macedonia

Kostadinovski, Aleksandar and Jovanova, Blagica (2011) Impact of economic crisis on the world economy in Bulgaria and Macedonia. Седма международна научна конференция на младите научни работници "Икономиката на България - пътят към еврото" University of National and World Economy .

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Abstract

Recession is a word that resounds widely throughout the world and exists globally. Appeared as a pandemic spreads with great speed, with some symptoms in each country, sometime more, sometimes less. Requested from everywhere, a plan, a strategy for overcoming it. It provides financial injections, loans. We treat the consequences, but no one knows the reasons. As created, how long will last and how to overcome. Perhaps the accident occurred slowly, possibly acute, but suddenly shook the world. Stock markets in all countries began to fall dramatically, large companies have reduced profits for a large percentage of losing millions of dollars a month. Automotive industries to the brink of collapse closing many jobs. People are without losing their existence in the commodity materialistic world. This is the economic crisis of historic proportions.Slow sales of houses, apartments, cars. People do not invest now, people fear. Media are the largest source of sowing panic and fear. The media are the biggest source of transmission of pandemic called recession. Simultaneously transmit and share assistance. But the question is who helps whom?
Key words: exit, crisis, production sectors recession

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Blagica Koleva
Date Deposited: 27 Dec 2013 08:30
Last Modified: 27 Dec 2013 08:30
URI: https://eprints.ugd.edu.mk/id/eprint/8514

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