Impact of the Economic Crisis on the Countries in Eastern Europe (III) Literature Review, Theory and Empirical Evidence

In this study we look at the macroeconomic factors that differentiated ten CEECs with respect to their response to the global crisis of 2008-2010. We want to find out why some countries had larger GDP declines than others in 2009. We find that previous short term indebtedness and private credit regulation played an important role in affecting a country’s reaction to the global crisis.

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Year of publication:	2010
Authors:	Iulian, Dobra
Published in:	Revista OEconomica. - Societatea Romana de Economie - SOREC. - 2010, 04
Publisher:	Societatea Romana de Economie - SOREC
Subject:	crisis \| credit market \| Eastern Europe \| financial sector

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Extent:	application/pdf
Type of publication:	Article
Classification:	C22 - Time-Series Models ; C32 - Time-Series Models ; G01 - Financial Crises
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009140951