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EN
The study presents the adverse developments in the global economy-dominantafter2008., Which led to an increase inprotectionist tendencies in the commercial policy of the European Union, as a response to the increasing importance of emerging markets in international trade and the adverse macroeconomic indicators in the Member States. In the last deca¬de there has been a shift in trade policy of the European Union, to move away from multilateralism in favor of regionalism. The development was characterized by trends of EU trade policy and the possible strategies in multilateral fora (WTO) and the EU.
EN
The aim of the paper is to present the results of a comparative analysis of the macroeconomic con¬sequences of the 2008-2009 global financial crisis in the European countries and other regions of the world. The consequences are understood here as the ‘costs of the crisis.’ The macroeconomic costs of the crisis have been estimated using data on GDP per capita, GNP and aggregated value added for all the ana¬lysed 81 coun¬tries. The choice of the estimation method resulted from studies on the research tech¬niques implement¬ed by other authors, both Polish and foreign, interested in the problem. The empirical part of the paper estimates and analyses the costs of the crisis in individual economies, in some groups of countries in Europe and other parts of the world, as well as in globally im¬portant economies (USA, Japan, NAFTA, South America, South-East Asia, ASEAN countries etc.). A similar analysis has been carried out on components of GDP (consumption, investments, government purchases and net export) and in a cross-sectional (cross-industry) perspective. The study reveals that the European economy as a whole (and in particular the EU and euro area countries), as compared with other regions/world markets, has suffered especially severe conse¬quences of the world crisis. Analysis of the ‘structure’ of declines in Europe in a cross-industry per¬spective shows that the economies most affected by the crisis include the Baltic countries and the ‘newcomers’ to euro area, particularly in manu¬facturing, mining and service industries.
EN
In connection with the worldwide financial crisis, new trends occurring in the socioeconomic development processes of countries are being noticed in the last years. In article, The article presents dilemmas, threats and challenges for regional development in Poland in the aspect of the global crisis.
EN
The main aim of this article is to assess the impact of the global crisis on innovation. The comparative analysis of business R&D expenditures in the world economy shows that firms from Japan and the USA had the strongest slowdown in the growth rate of R&D spending in response to the current economic crisis. European enterprises to a lesser extent limited the increase of their R&D budgets, while firms from the emerging markets decided to boost innovation and increase their R&D expenditures.
EN
The article presents the situation of Germany against a background of the present economic crisis having the features of a global one. The author tries to assess the present events searching for analogies to the great crisis of the nineteen thirties when Germany plunged into hyperinflation. Another breakthrough was the crisis of the nineteen seventies and the crisis of the Japanese banking sector of the eighties. Against this background, the author critically assesses financial manipulations in the world's finance at the beginning of the 21st century and the irrationality of the so-called new financial engineering. Finally, the author presents activities undertaken by the German government with Angela Merkel as its Chancellor. The author highlights the necessity of strengthening the world's finance regulation standards which escaped from any rational control whatsoever.
EN
Nikolai Kondratiev, a Russian economist, who had studied a huge amount of empirical material, came to a conclusion that the existence of large cycles in dynamic economic processes does not mean a disaster. N. Kondratiev identified approximate time limits for each of cycles and patterns, described two types of 'long waves' - the raising and fall-down ones. Hence, he was able to predict the years of Great Depression of 1929-1933 and its main features. The fall-down waves embrace the periods of extensive development of resources of the world periphery by the centers of industrial society; the priority of financial operations over the investments is established, the labor becomes cheaper. The fall-down waves are characterized by slow progress and development of communications technologies. A rapid technological progress and the increase of social value of knowledge, as well as the appearance of new centers of high-tech industry are characteristic of the raising wave period. The globalization of recent decades has coincided in time with a fall-down moment when cheap labor power is one of the main principles of the doctrine. This ultimately leads to serious negative social and anthropological consequences and dysfunctional changes, in education and socialization processes of individuals in particular. New Kondratiev's wave, being a result of the global crisis, requires the replacement of the doctrine of cheap labor power by high-qualification and well-paid work, introduction of new technologies, transformation of the relationship between the global centers and peripheries.
Filozofia (Philosophy)
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2011
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vol. 66
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issue 8
782 - 793
EN
The paper offers an analysis of on-going disputes on freedom, democracy, justice and ecological sustainability of contemporary capitalism, which became even more topical due to the global financial and economic crisis of the latter. The author’s focus is on several methodological aspects of these disputes. He shows how freedom and democracy are reduced to mere political freedom and democracy, while the distributive justice is reduced to mere redistribution of pre-distributed revenues. If social sciences are to resolve the theoretical problems of the 21st century society, these reductions have inevitably to be eliminated.
EN
The article is a part of considerations associated with civic education – the issue that attracts more and more attention in public debate related to the condition of modern democracy. The attitudes of citizens and citizenship see the individual, in fact the foundation of democracy – the most attractive model in light of changing civilization, as a remedy to the global crisis. The civic education in its formula has been institutionalized in Europe in terms of understanding the modern era of enlightenment of the state. The German model, which was presented in the article, shows a number of differences and the appropriate solutions, which – especially today – are interesting from the Polish point of view. The German education system has evolved since the civil subordinate to the state to shape attitudes oriented towards the civil society. This transformation is particularly interesting for Poland, which – despite two decades after the transformation of political democracy after 1989 – still does not have the functioning system of civic education. The object of research is also interesting because it freed itself from the traditional disciplines of education and upbringing, and became the subject of a wide range of sciences related directly or indirectly to the human being as the subject of changes in the modern world.
EN
Maintenance of financial fluency is contemporarily main problem of the majority of enterprises. The process of the sale of articles, goods and services is mostly implemented in the non-cash form. This means, that the enterprises give customers the merchant's credit, and freeze financial recourses in postponed payments, the amounts due of the firms. The lack of income from the sale can bring serious consequences in functioning of the enterprise, and even lead to its bankruptcy. That is why the smart recovery of amount due for sold goods or services is so important. This is particularly essential problem in the crisis time, conditions of the asymmetry of information and appearing difficulties in gaining the definite funding sources, allowing covering formed charges. The article describes functioning of factoring in the conditions of Poland, as the sources of funding the investment of firms in amount due, with the special regard to the influence of the financial crisis of XXI century.
EN
The article identifies the sources of international economic problems and points out their consequences, with special regard to the economic situation of Poland. It was stated that in the global terms we can observe so-called domino's effect, causing intensification of critical situations in the particular countries. Economic problems, which are not noticed in time, turn into real crises, inter alia financial ones. Therefore, countries around the world have taken different approaches to the crisis and have set up their anti-crisis plans. It was noted however, that in the era of globalization, there is lack in coordination of joint actions between countries.
EN
Paper argues the need to define the state as a dynamic historically conditioned phenomenon and identifies the key milestones of its qualitative changes. In the light of its inconsistent development paper justifies long-term trend of modernization as an adaptation which responds to historical changes, so that there is a positive shift of civilization. Essential feature of the state modernization is its increasing and innovating commitment in the economy and society.
EN
Despite the general conviction, which was during the Great Depression of the 1930s, the relation between the State and the economy was fundamentally transformed. Key steps towards the shift within this relation can already be traced many decades earlier. “Wildcat banking” from the period of the 1830s to the 1860s is an example of a specific form of regulation imposed on the banking industry. In their work the authors are attempting to refute the myth that wildcat banking is an example of unsuccessful operation of so-called free banking. It is failure of the regulation which is identified as the reason for instability of this form of banking operation. As far as effects of regulatory measures are concerned in general, this historical period (or experience) can offer valuable parallels with the cause of the current global economic crisis at the beginning of the third millennium. These similarities are discussed in the last chapter of their work.
Filozofia (Philosophy)
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2020
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vol. 75
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issue 10
845 – 860
EN
With a certain degree of idealization, we could mark 2019 as a year of environmental awakening or a year of environmental citizenship. The increasing impacts of the environmental crisis have led to mass activism and worldwide demonstrations against the lack of active approach of the political elites towards the environment, but also against the carelessness of individuals. However, this positive development has changed significantly since the beginning of 2020 as a result of the global spread of a new and imminent threat. This paper focuses on examining the essence of the environmental citizenship and analyses its rapid rise over the last year, accompanied by a significant shift in environmental responsibility acceptance. Consequently, it analyses how the manifestations of the newly and massively acquired sense of responsibility for the planet and the lives of future generations have changed with the emergence of the global pandemic crisis threat, and how these changes and the minimization of human interactions with the environment were manifested on it. The findings lead us to confirmation of the considerations that the most effective changes in favour of the environment lead through the minimizing of human impact on it – through the retreat.
EN
The aim of the article is an identification of macroeconomic specifics connected to the long term development of the Slovak labour market. Its realization starts from analysis of Slovak business cycles’ reflection in formation of the labour market. In continuation on this analysis relationships between growth of economic performance and employment rate investigated, including description of functionalities between them. Periods and degrees of similarities with causality represented by the Phillips curve are identified in the framework of the investigation of relationships between inflation and unemployment development. The specifics of long term unemployment with special regard to development of the economy after the global economic crisis are determined in the structure of unemployment
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