Monitoring of Economic Indicators in the Context of Financial and Economic Crises

Abstract

Financial and economic crises repeat themselves at indefinite intervals. As in the Great Recession (also known as Subprime Crisis) of 2007/2008 there was a bundle of events and processes that preceded it and contributed to its emergence, whether it be economic, political, or ideological. Based on observations presented in this paper, explanations are suggested that crises are significantly related to the development of various indicators. Relevant indicators include the impact of economic indicators (e.g., GDP, key interest rates, debt ratios), capital markets and - as the current Corona Crisis shows - supposedly unforeseen factors or shocks. The study deals with a comparative analysis of indicators regarding both crises and the Great Depression, with the aim of identifying possible trends or patterns. It uses a comparative method and reveals some significant similarities. This insight can be seen as a support for the birth of further crises. The work aims to provide a contribution to current crisis research in a comparative context and to advance findings in the field of early warning and crisis education.

The Effect Of The United States Of America And China Economic Policies On The Economy Of Malaysia

“…The increasing level of uncertainty in economic growth provides room for economists to find out the origin of this phenomenon and to link it to its causal relationship with the real economy (Kesselman,et al2015). The strong economic turmoil in the global financial crisis of 2007-2008 and the drastic economic downturn that occurred both in the United States and in other countries have cast great doubt on the fluctuations of the business cycle (Sinkovic, Zemla, & Zemla, 2022). Several studies have shown that empirically the combination of financial shocks and economic uncertainty simultaneously causes business cycle fluctuations (Houari, 2022).…”