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The aim of this article is to analyze trends of business cycle in the past decades. The main issues are following. Reasons of declining in economic activities. Special features of the postwar cycles. Causes of long-run changes in business cycle. Countercyclical policies. Impacts elements of new...
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World economy slowed down more than 2 %, which was the main feature of its development in 2001. There were more factors behind this economic slowdown, primarily the faltering upswing of the world crude oil price, problems of the technological sector, and September 11 events in the USA. Recession...
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In the economic cycle of the Czech Republic in the nineties the number of years of economic recession or stagnation was higher than the duration of economic growth. Two recessions from the early and late years of the decennium indicated how complicated it is to search for an appropriate...
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