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Finance and Credit
 

Global financial crisis: brief review of determining factors, current condition and prospects of development

Vol. 16, Iss. 2, JANUARY 2010

Available online: 19 January 2010

Subject Heading: Financial crisis

JEL Classification: 

Alexandrova E.N. Cand.Econ.Sci., associate professor, Kuban State University
al-helen@mail.ru

Nasybulina V.P. Russian State Trade and Economic University
nab2002@inbox.ru

Andreeva N.V. Cand.Econ.Sci., associate professor, Kuban State Technological University
nazarkina@mail.ru

In the end of 2008 the Russiaт economy was captured with global financial crisis which has originally arisen in the developed countries and has gradually captured all world. The brief review of the basic preconditions of the crisis, factors and conditions defining its current condition, and also prospects of development on the basis of statistical data of development of some countries is presented in the article. The separate attention in the article is given a problem of economic development of the Russian economy, its key restrictions in conditions of the crisis.

Keywords: global financial crisis, economic crisis, global competitiveness index

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

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