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Finance and Credit
 

Specifics of the global financial crisis

Vol. 15, Iss. 14, APRIL 2009

Available online: 16 September 2009

Subject Heading: Financial crisis

JEL Classification: 

Mochalova L.A. PhD, professor, Altai State Technical University named after I.I. Polzunov ;

The article analyzes the reasons of crisis phenomena in the national economic systems, identifies the crises of the XX-th century with the corresponding economic theories and reveals the specifics of the financial crisis of the XXI-st century connected with world economy globalization. The author suggests a new scientific approach to the solution of crisis problems based on the theory of complex systems.

Keywords: crisis, finance, economy, system, identification, globalization, science, approach

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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