Economic and social consequences of the crisis for the member countries of the European Union and measures for their mitigation
Journal Title: Zarządzanie i Finanse - Year 2012, Vol 10, Issue 2
Abstract
In mid-2007 a large-scale economic crisis has occurred, first in the United States, later in the European Union, ultimately affecting most countries worldwide. In the EU member states the crisis has manifested itself by a substantial fall in GDP, consumption, employment, export and import, as well as by a marked increase in unemployment, budget deficit, and public debt. An immediate result of the crisis in the EU member states was worsening of the economic and social situation. Among the EU member states the most adversely affected by the crisis have been Ireland, Spain, Portugal and the so-called Baltic countries, i.e. Lithuania, Latvia and Estonia. In order to reduce the impact of the crisis the member states have implemented economic stimulus packages. However, the results that these measures are to deliver will be only known in the coming years, since they depend on the economic situation worldwide, which is currently unstable and difficult to forecast.
Authors and Affiliations
Dorota Czykier-Wierzba
Keywords
Related Articles
- EP ID EP88851
- DOI -
- Views 82
- Downloads 0
Capital structure and profitability of financial decisions in an enterprise
The purpose of the article is to determine the influence of the first information about the planned dividend on the stock price in connection with the issuer’s capital structure and market segment. A research was c...
The Central Bank’s Role in Macroprudential Supervision (
The article focuses on the central bank’s newly acknowledged responsibility for macroprudential policy. The new architecture of financial markets, including macroprudential supervision is being developed. This is...
Hierarchy of the tourist services quality perception determinants in nutrition area
The main aspect of this paper is presentation of the tourist service quality in nutrition area. There were described chosen model of the service quality. Authors also present hierarchy of the all four parts of the servic...
Bariery i korzyści wdrażania i funkcjonowania systemu zarządzania jakością w przedsiębiorstwach przemysłu spożywczego
W artykule przedstawione zostały wyniki badań zmierzające do identyfikacji barier i korzyści systemu zarządzania jakością na etapie jego wdrażania i funkcjonowania w przedsiębiorstwach przemysłu spożywczego. Ba...
Zmienność funduszy własnych a efektywność banków spółdzielczych
Współczesne banki spółdzielcze należą do jednych z ważniejszych instytucji finansowych na świecie, mogących konkurować w wielu obszarach z bankami komercyjnymi. Fundusze własne banku spółdzielczego są elementem ist...