The crises have occurred in the economies of many countries, accompanied by growing decline in production, accumulation of unrealized goods on the market, fall in prices, collapse of the system of mutual settlements and banking systems, bankruptcy of industrial and trade firms, sharp unemployment jump. The economic crisis means sharp deterioration in the economic condition of the country manifested in a significant decline in production, disruption of existing production link, a decline in the standard of living, etc.

Original languageEnglish
JournalEspacios
Volume39
Issue number31
StatePublished - 1 Jan 2018

    Scopus subject areas

  • Business and International Management
  • Management Science and Operations Research
  • Management of Technology and Innovation

    Research areas

  • Developing states, Economic crisis, Regional economy

ID: 35802426