Global Financial, Automobile Industry Crises and Global Recession, Reasons, Precautions and Current Condition

Olga Kupec and Helmut Lang

Ekonomika a Management, 2009, vol. 2009, issue 2

Abstract: There are three crises at the same time which severely threaten the national worldwide: The financial crises, a severe crisis of the automobile industry and as a consequence a global recession. The national governments analyzed very fast the causes and worldwide initiated programs to reduce its consequences and to support economy. One cannot say how long this global recession will last but there are increasing indicators for an improvement of the situation.

Keywords: Hospodářská krize; Finanční krize; Recese; Krize automobilového průmyslu; Financial crises; Crisis of the automobile industry; Recession (search for similar items in EconPapers)
JEL-codes: G30 (search for similar items in EconPapers)
Date: 2009
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