Economic Crises in Recent World History: Analysis of Causes and Assessment of Consequences

The study «Economic Crises in History: Analysis and Consequences» provides a comprehensive overview of significant economic crises spanning different periods and regions of world history. The work extensively examines the following events: the Great Depression (1929–1933), the Asian Financial Crisis...

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Main Author: A. B. Meshcheryakova
Format: Article
Language:Russian
Published: Russian Academy of Entrepreneurship 2024-02-01
Series:Путеводитель предпринимателя
Subjects:
Online Access:https://www.pp-mag.ru/jour/article/view/1876
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author A. B. Meshcheryakova
author_facet A. B. Meshcheryakova
author_sort A. B. Meshcheryakova
collection DOAJ
description The study «Economic Crises in History: Analysis and Consequences» provides a comprehensive overview of significant economic crises spanning different periods and regions of world history. The work extensively examines the following events: the Great Depression (1929–1933), the Asian Financial Crisis (1997), the Financial Crisis of 2008, the Eurozone Debt Crisis (2010–2012), the Crisis in Russia (1998), and the Oil Crisis of the 1970s.Each crisis is analyzed in terms of its causes, characteristics, impact on the economy and society, as well as measures taken to overcome its consequences. The study emphasizes the role of crises in correcting imbalances, stimulating innovations, and restructuring industries. Specific figures, such as unemployment rates, GDP contractions, changes in financial markets, and other economic indicators, are discussed within the context of each crisis.In the conclusion of the study, it is underscored that despite their complexity and negative consequences, crises can serve as catalysts for change, fostering structural reforms, improving efficiency, and contributing to the development of a resilient economy in the long term.
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institution Kabale University
issn 2073-9885
2687-136X
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publishDate 2024-02-01
publisher Russian Academy of Entrepreneurship
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series Путеводитель предпринимателя
spelling doaj-art-fe790247070646f0a6cd5cf4cb63f5c52025-08-20T03:59:00ZrusRussian Academy of EntrepreneurshipПутеводитель предпринимателя2073-98852687-136X2024-02-0117110811510.24182/2073-9885-2024-17-1-108-1151707Economic Crises in Recent World History: Analysis of Causes and Assessment of ConsequencesA. B. Meshcheryakova0Kuban State Technological UniversityThe study «Economic Crises in History: Analysis and Consequences» provides a comprehensive overview of significant economic crises spanning different periods and regions of world history. The work extensively examines the following events: the Great Depression (1929–1933), the Asian Financial Crisis (1997), the Financial Crisis of 2008, the Eurozone Debt Crisis (2010–2012), the Crisis in Russia (1998), and the Oil Crisis of the 1970s.Each crisis is analyzed in terms of its causes, characteristics, impact on the economy and society, as well as measures taken to overcome its consequences. The study emphasizes the role of crises in correcting imbalances, stimulating innovations, and restructuring industries. Specific figures, such as unemployment rates, GDP contractions, changes in financial markets, and other economic indicators, are discussed within the context of each crisis.In the conclusion of the study, it is underscored that despite their complexity and negative consequences, crises can serve as catalysts for change, fostering structural reforms, improving efficiency, and contributing to the development of a resilient economy in the long term.https://www.pp-mag.ru/jour/article/view/1876economic crisesgreat depressionasian financial crisisglobal impactunemploymentstructural reformsinnovation stimuluslong-term economic developmentsocial impact
spellingShingle A. B. Meshcheryakova
Economic Crises in Recent World History: Analysis of Causes and Assessment of Consequences
Путеводитель предпринимателя
economic crises
great depression
asian financial crisis
global impact
unemployment
structural reforms
innovation stimulus
long-term economic development
social impact
title Economic Crises in Recent World History: Analysis of Causes and Assessment of Consequences
title_full Economic Crises in Recent World History: Analysis of Causes and Assessment of Consequences
title_fullStr Economic Crises in Recent World History: Analysis of Causes and Assessment of Consequences
title_full_unstemmed Economic Crises in Recent World History: Analysis of Causes and Assessment of Consequences
title_short Economic Crises in Recent World History: Analysis of Causes and Assessment of Consequences
title_sort economic crises in recent world history analysis of causes and assessment of consequences
topic economic crises
great depression
asian financial crisis
global impact
unemployment
structural reforms
innovation stimulus
long-term economic development
social impact
url https://www.pp-mag.ru/jour/article/view/1876
work_keys_str_mv AT abmeshcheryakova economiccrisesinrecentworldhistoryanalysisofcausesandassessmentofconsequences