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The current challenges on the anti-crisis regulation îf the economy

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  • Karen S. Sargsyan

Abstract

The present article states that the development and implementation of effective anti-crisis policies on a global scale will make it possible, if not to avoid future financial crises entirely, than to at least make them predictable and manageable. Therefore, as a first step, national governments and international structures must learn the maximum lesson from the current crisis so that in the future anticrisis policy measures may become more effective and targeted. On a global scale, it is necessary to develop effective mechanisms which will ensure an optimal balance between the real and financial sectors, promote the accelerated development of the world economy and protect it from various kinds of economic shocks.

Suggested Citation

  • Karen S. Sargsyan, 2019. "The current challenges on the anti-crisis regulation îf the economy," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 42-58,59-73.
    • Handle: RePEc:bas:econth:y:2019:i:1:p:42-58,59-73
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    References listed on IDEAS

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    1. Mark Aguiar & Gita Gopinath, 2007. "Emerging Market Business Cycles: The Cycle Is the Trend," Journal of Political Economy, University of Chicago Press, vol. 115, pages 69-102.
    2. Смирнов Александр Дмитриевич, 2013. "Простая Модель Предсказания Финансовых Кризисов," Higher School of Economics Economic Journal Экономический журнал Высшей школы экономики, CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Национальный исследовательский университет «Высшая школа экономики», vol. 17(2), pages 179-211.
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    More about this item

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • G01 - Financial Economics - - General - - - Financial Crises

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