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The paper examines the impact of the COVID-19 pandemic on the economy and the corresponding atypical economic crisis, the role of the economic ability of the government during this crisis, aspects of financial support for the economy and the peculiarities of the zombie economy. The aim of the...
Persistent link: https://www.econbiz.de/10013307384
The main reason for the formation and functioning of a zombie economy is as follows: the government’s financial support for the zombie economy is mainly in place so as to avoid the bankruptcy of this part of the economy, which can negatively affect economic growth, and, more importantly, the...
Persistent link: https://www.econbiz.de/10014362424
The this type of zombie economy, of so-called “Japanese origin” as the initial phenomenon, which is based on the existence of non-paying companies supported by government financial guarantees should, in my opinion, be named the Orthodox Zombie Economy. The zombie economy that exists due to...
Persistent link: https://www.econbiz.de/10014256585
Despite the best efforts of the West, the economic sanctions have failed to be as effective as expected, an unsurprising result if we take into account the fact that not all countries (for example, China, India, Israel, Turkey) have joined these sanctions, and those countries (this primarily...
Persistent link: https://www.econbiz.de/10014260724
In today’s far from simple world, many economists and representatives of other social sciences are concerned about the possibility of a completion of globalization. Some believe that globalization is already dead. We are not dealing with the death of globalization, but with the completion of...
Persistent link: https://www.econbiz.de/10014264248
Persistent link: https://www.econbiz.de/10005543776
The fall of 2003 appeared to be a turning point in the history of independent Georgia: during November 22--23, Georgia witnessed a Rose Revolution. This event was caused by the harmful social consequences of a number of negative factors, including economic ones. Relatively high level of...
Persistent link: https://www.econbiz.de/10005752035
Persistent link: https://www.econbiz.de/10005752104
Persistent link: https://www.econbiz.de/10005752194
The paper analyzes the role of the International Monetary Fund (IMF) in the process of economic development of independent Georgia. Remarkable achievements have been accomplished in cooperation between post-Communist Georgia and the IMF. There were some errors too. Most of the latter should be...
Persistent link: https://www.econbiz.de/10005753615