GOVERNMENT MEASURES TO OVERCOME THE FINANCIAL CRISIS
Journal Title: Acta Economica - Year 2010, Vol 8, Issue 12
Abstract
The current economic crises that became apparent more than a year and a half ago is still a primary concern of the media, governments, and the social and economic analysts. This paper deals with measures to overcome the crisis taken by the governments of the affected countries. We predict that 2010 could be marked by the end of the crisis, as illustrated by estimated GDP changes. The estimates are limited by factors related to high unemployment rates and budget deficits of most developed countries. The paper also discusses the well known and less well-known elements of the economic crisis. An overview of measures taken by governments in the monetary and real sector is also provided, together with a commentary of the measures taken by governments in our country: Council of Ministers, Government of the Federation of Bosnia and Herzegovina, and the Government of the Republic of Srpska. Potential sources of funds are also identified that may be used to accelerate the social and economic growth in our country. The final part deals with the relationship of economists and economic crises in general.
Authors and Affiliations
Мирко Пуљић, PhD
Keywords
Related Articles
- EP ID EP43684
- DOI -
- Views 302
- Downloads 0
The impact of austerity measures on economic growth in the Eurozone
have a more severe compliance of the Maastricht fiscal criteria. Requirements for implementation of austerity measures are contradictory to the Keynesian central preposition which says that the right time for austerity i...
Actual trends of financial system regulation changes
Every financial system due to risks of its complexity, dynamism and openness, is inevitably controlled and regulated by local and international regulations. Advantages of regulation for the health of the financial system...
Openness to trade and competitiveness of small transitional economies
Impact of openness to trade on overall economic growth/development and competitiveness is highly debatable subject amongst the economists with still unclear conclusions. The question of openness is particularly important...
The analysis of the Bosnia and Herzegovina’s level of compliance with the Maastricht convergence criteria
The idea of forming the European Monetary Union (EMU) derives from the fact that monetary integration has considerable economic advantages in lower transaction costs, greater price transparency and monetary stability. Ac...
MANAGEMENT AND STRUCTURE OF INFORMATION SYSTEMS
In this paper the key point is on high level of mutual connection between management and information system. To precede from a thesis that information system must be special service by management, authors have shown whic...