Economic Crisis in the Federal Republic of Germany 2008-2011. Examination Based on a Theory of the Keynes and a Theory of the Monetarism

• Authors: Kinga Stawicka Magdalena
• Languages of publication: EN

Abstracts

EN

Generally, an economic crisis is a complicated sequence of mutually related circumstances which have causes and effects. The financial crisis which had appeared in the USA in 2008 converted itself into the largest economic crisis and spread to most of developed states. The goal of the paper is examination of effects of the financial crisis and undertaken anti-crisis activities, exemplified by the Federal Republic of Germany and based on the theory of the Keynes and the theory of monetarism. The author tries to prove that the measures undertook by the Germans to overcome the crisis were different from the measures undertook in the United States of America and moreover, that they were more effective.

Keywords

EN

Economic crisis; J.M. Keynes monetary theory; Keynesian theory

PL

Keynesizm; Kryzys gospodarczy; Teoria monetarna Keynes'a

• Publisher: Uniwersytet Ekonomiczny w Katowicach
• Journal: Studia Ekonomiczne
• Year: 2013
• Volume: 145
• Pages: 47-55

Contributors

author

Kinga Stawicka Magdalena

References

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• R. Żmijewski, Niemcy w obliczu światowego kryzysu finansowego (Germans in time of world financial crisis), BESTOSW, Ośrodek Studiów Wschodnich im. Marka Karpia No. 33(67), 15 October 2008, p. 5.

Identifiers

ISSN

2083-8611