Global Financial Crisis 2007-2009, Debt Crisis 2009-2011, Covid-19 Crisis 2020, and Energy Crisis and Inflation 2022: Causes, Implications and Policy Response (Globally and Kosovo)
Year: 2024
Type: article
Abstract: At the beginning of this paper, we considered the housing price and housing interest rate in the United States, exactly where the global financial crisis began. We cited a considerable number of authors to better define the occurrence of these crises, their occurrence, and the supportive policies of states against these crises. Then control of GDP per capita in%, for OECD members, Kosovo, and the World, and finally crisis response policies. In the COVID-19 section, we cover health expenditures, imports and exports, annual customs revenue, and policy responses primarily from the IMF. On the side of the oil crisis, we have highlighted a situation we are facing, the interconnection of the world economy by Russia as a superpower for oil exports and the damage caused by this country to oil-importing countries. Also, in each section are presented graphically some of the impacts of these crises in different economic sectors and then the countries' response policies to these crises.
Authors: Altina Kamberaj, Naim Kamberaj
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: gold
Estimated APC paid: $32
OpenAlex ID: W4406706338