The Current Global Financial Crisis 2008-2012

Albulena Shala (), Besnik Livoreka (), Vlora Berisha () and Safet Merovci ()
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Albulena Shala: University of Pristina
Besnik Livoreka: University of Pristina
Vlora Berisha: University of Peja
Safet Merovci: University of Pristina

Acta Universitatis Danubius. OEconomica, 2013, issue 9(6), 106-125

Abstract: The current global financial crisis is considered as one of the biggest crises after the crisis of the years of 30’s. The global financial crisis has affected all countries including developed and developing ones. It also has affected all the industries. Population with the low-income faced the greatest consequences. The last hope for the survival of the market economy was to undertake important steps for the nationalization of bankrupted banks and companies, thereby developing policies for the preservation of jobs. Through this analysis, we have included briefly some of the development followed the period of 2008 and onwards. A summary of statistics for some important economic indicators such as employment, exporting and importing is covered in this study as well.

Keywords: market economy; bankruptcy; companies (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:dug:actaec:y:2013:i:6:p:106-125

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