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1929 və 2008 böhranlarının makroiqtisadi səbəb və nəticələr baxımından müqayisəsi
[The Comparative Analysis of Macroeconomic Reason and Consequences of Crisis in 1929 and 2008]

Author

Listed:
  • Aras, Osman Nuri
  • Süleymanov, Elçin

Abstract

This study comprises the comparative analysis of macro economic reasons and consequences of world economic crisis happened in 2008 which affected the economy of the world and the 1929 crisis the biggest that ever happened in the world. It is obvious that both of crises have common and different features from the macro economic reason and consequence point of view. It is seen that the common features are based on the same mistakes concerning market economy. The differences between these crises are lying on the volume, type and meaning of economic relations from 1920 to 2008.

Suggested Citation

  • Aras, Osman Nuri & Süleymanov, Elçin, 2010. "1929 və 2008 böhranlarının makroiqtisadi səbəb və nəticələr baxımından müqayisəsi [The Comparative Analysis of Macroeconomic Reason and Consequences of Crisis in 1929 and 2008]," MPRA Paper 81931, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:81931
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    References listed on IDEAS

    as
    1. Milton Friedman & Anna J. Schwartz, 1963. "A Monetary History of the United States, 1867–1960," NBER Books, National Bureau of Economic Research, Inc, number frie63-1, July.
    2. Bernanke, Ben S, 1983. "Nonmonetary Effects of the Financial Crisis in Propagation of the Great Depression," American Economic Review, American Economic Association, vol. 73(3), pages 257-276, June.
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    More about this item

    Keywords

    1929 Crisis; 2008 Crisis; Macro economic reasons; Macro economic effects;
    All these keywords.

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination

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