Session

Management, Business and Economics

Description

Economics is a topic that initially does not arouse curiosity, in appearance it is a profession which seems very routine, in fact with this paper we will try to prove the opposite, so economics is a topic that grips itself with its magic, it is like nature itself because things happen in it even when we do not pay attention. Economic fluctuations also create social fluctuations which lead to potentially dangerous periods of instability, as a result of which we must analyze each crisis with the utmost care in order to prevent it in the future. After reviewing the literature and analyzing each factor we can conclude that crises created as a result of human actions in most cases can be avoided and avoided if the factors leading to these crises are identified in time. There are some cases when crises cannot be prevented, in cases where crises are the result of situations which are beyond our control, cases of natural disasters or other things which are unavoidable. We have focused on the Great Depression in the US, the financial crises of 2007-2008 and the review of the COVID-19 pandemic.

Keywords:

Economy, crises, factors, states, society, credit, money, banking

Session Chair

Arta Mulliqi

Session Co-Chair

Amir Imeri

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-437-96-7

First Page

100

Last Page

105

Location

Lipjan, Kosovo

Start Date

31-10-2020 1:30 PM

End Date

31-10-2020 3:00 PM

DOI

10.33107/ubt-ic.2020.291

Included in

Business Commons

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Oct 31st, 1:30 PM Oct 31st, 3:00 PM

International Economic Factors and Crises

Lipjan, Kosovo

Economics is a topic that initially does not arouse curiosity, in appearance it is a profession which seems very routine, in fact with this paper we will try to prove the opposite, so economics is a topic that grips itself with its magic, it is like nature itself because things happen in it even when we do not pay attention. Economic fluctuations also create social fluctuations which lead to potentially dangerous periods of instability, as a result of which we must analyze each crisis with the utmost care in order to prevent it in the future. After reviewing the literature and analyzing each factor we can conclude that crises created as a result of human actions in most cases can be avoided and avoided if the factors leading to these crises are identified in time. There are some cases when crises cannot be prevented, in cases where crises are the result of situations which are beyond our control, cases of natural disasters or other things which are unavoidable. We have focused on the Great Depression in the US, the financial crises of 2007-2008 and the review of the COVID-19 pandemic.