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Global Financial, Automobile Industry Crises and Global Recession, Reasons, Precautions and Current Condition

Author

Listed:
  • Olga Kupec
  • Helmut Lang

Abstract

There are three crises at the same time which severely threaten the national worldwide: The financial crises, a severe crisis of the automobile industry and as a consequence a global recession. The national governments analyzed very fast the causes and worldwide initiated programs to reduce its consequences and to support economy. One cannot say how long this global recession will last but there are increasing indicators for an improvement of the situation.

Suggested Citation

  • Olga Kupec & Helmut Lang, 2009. "Global Financial, Automobile Industry Crises and Global Recession, Reasons, Precautions and Current Condition," Ekonomika a Management, Prague University of Economics and Business, vol. 2009(2).
    • Handle: RePEc:prg:jnleam:v:2009:y:2009:i:2:id:65
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    More about this item

    Keywords

    Hospodářská krize; Finanční krize; Recese; Krize automobilového průmyslu; Financial crises; Crisis of the automobile industry; Recession;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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