GLOBAL ECONOMIC CRISIS AS A CONSEQUENCE OF CAPITALISM

Authors

  • Nenand Joldić University of Business Studies, Banja Luka, Republika Srpska Author
  • Srđan Vasiljević University of Defense, Military Academy, Master Studies of Public Finance, Belgrade, Serbia Author
  • Snežana Krstić University of Defense, Military Academy, Belgrade, Serbia Author

DOI:

https://doi.org/10.5937/

Keywords:

globalization, the economic crisis, capitalism

Abstract

Due to the lack of global equilibrium and market regulation as one of the main causes of the global economic crisis, in the past half century world markets have been shaking up various crises and instability in the markets. So, for example, At the beginning of the 1990s, Japan's rapidly rising prices of real estate and shares were on the Japanese market. At the same time, the countries of Northern Europe (Sweden, Norway, Finland) are also experiencing a rise in the prices of shares and real estate, which in the end leads to the spread of a financial bubble in all markets. There is one logical question that relates to the connection of global economic crises. In most cases this connection refers to inflating the financial balloon to the limits of its endurance. When an overestimation of the durability of this financial bubble comes to its foreboding. The panic of a financial bubble brings the economy to a state of crisis and a recession that gives its instruments to these crises and recessions a global character.

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References

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Published

2018-04-30

Issue

Section

Articles

How to Cite

Joldić, N., Vasiljević, S., & Krstić, S. (2018). GLOBAL ECONOMIC CRISIS AS A CONSEQUENCE OF CAPITALISM. Oditor, 4(1), 52-62. https://doi.org/10.5937/

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