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World Crises: To Forecast or To Expect?

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  • Ganna Kharlamova

    (Taras Shevchenko National university of Kyiv)

Abstract

Economic crises are repeated throughout the whole humanity development. Existing theories of crises are mostly able to respond to their origins and consequences, rather than provide the forecasts of their new appearance and scale. This article contains an attempt to discuss the paradoxical question: do the world crises have pattern of some regularity that sometimes is possible to be predicted, whether they are random and unpredictable in its nature? For the analysis we used both a method of chronological excurse, as well as mathematical tools for the analysis of the dynamics of key economic indicators.

Suggested Citation

  • Ganna Kharlamova, 2014. "World Crises: To Forecast or To Expect?," Ukrainian Journal Ekonomist, Yuriy Kovalenko, issue 8, pages 23-26, August.
    • Handle: RePEc:uje:journl:y:2014:i:8:p:23-26
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