ŘEŠENÍ KRIZE A PŘEVOD DO KRIZE DLUHOVÉ

• Authors: Švihlíková Ilona

Title variants

EN

Solution of crisis and its morphing into a debt crisis

• Languages of publication: CS

Abstracts

EN

This paper deals with the topic of the financial crisis evolving into a sovereign debt crisis. First of all, the economic and geopolitical impacts of the relatively new G20 forum are analysed. Most attention is given to the latest summit – the Toronto summit, where the discrepancies between the German and US attitude towards further economic development became obvious. The German way of fiscal consolidation was of course influenced by the Greek crisis and problems in other, so called PIGS countries. However, the cuts approach leads the sovereign states into another crisis: a crisis of political legitimacy.

Keywords

EN

DEBT CRISIS; G20 SUMMIT; RATING AGENCY; CREDIT DEFAULT SWAPS; GERMAN; USA

• Publisher: Institute of Political Sciences, SAS
• Journal: Studia Politica Slovaca: časopis pre politické vedy, najnovšie politické dejiny a medzinárodné vzťahy
• Year: 2011
• Volume: 4
• Issue: 1
• Pages: 16 – 36

Contributors

author

Švihlíková Ilona

• Vysoká škola mezinárodních a veřejných vztahů, U Santošky 1093/17, 150 00 Praha, Czech Republic