THE EFFECTS OF THE INTERNATIONAL FINANCIAL CRISIS AND THE GOVERNMENT'S INTERVENTIONS

Meri Boskoska ()
Additional contact information
Meri Boskoska: Faculty of administration and management of information systems in Bitola University "St. Klement Ohridski"- Bitola

Journal Articles, 2008, 47-55

Abstract: The stock exchanges have a great role in the efficient function of the financial system of the country because they represent the mechanism for properly direction of savings and for stimulating the investment that, in matter of fact, represent the base for the greater economic development. The events on the stock exchange are one of the basic factors for set up the scenes and for transmission of the actual financial crisis all around the world. The actual financial crisis that escalated as a result of the "mortgage-crisis" in the USA spread very quickly in the countries all over the world and caused problems not only in the financial sector, but in the real sector in different countries. The aim and the purpose of this paper is to represent the situation of the global financial market at the moment and to analyze to which degree the Macedonian financial market is vulnerable to these external financial shocks.

Keywords: International financial marker; Macedonian stock exchange; financial shocks; banking sector; financial crisis; government intervention; liquidity (search for similar items in EconPapers)
Date: 2008
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://journal.cea.org.mk/files/journals/1/articles/62/public/62-229-1-PB.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cmk:journl:y:2008:p:47-55

Access Statistics for this article

More articles in Journal Articles from Center For Economic Analyses Contact information at EDIRC.
Bibliographic data for series maintained by Marjan Nikolov ().