Search by keyword: housing market

Financial crisis: causes and consequences

In the author's opinion, the origin of the economic recession taking place in most countries resides in the house price crashes happened in the USA's and UK's housing markets. The financial crisis has been caused by many factors, which are analysed here. Some ways of how to manage the crisis are presented too.

Phelps E. esp2@columbia.edu

Keywords: economic recession financial crisis financial crisis economy housing market employment banks credit

Efficiency of the governmental anti-recessionary measures in Germany

The paper analyses the German financial crisis and priorities of the crisis responses undertaken by German government; assesses how effective the anti-recessionary measures undertaken by both central and lands' governments are, and shows the economy management improvements made in Germany in the post-crisis time.

Baranova K. baranova@foev-speyer.de

Ferber G. faerber@foev-speyer.de

Keywords: Germany crisis economy housing market crisis economy assessment management

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