Economic shocks and cyclical development of national financial systems

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Abstract


In the article there is described the specific features of the national financial systems’ cyclic development due to the production process as well as with the financial flours, connected with it. The author determines the role and the place of the shocks theory in the cyclic development of the national economies, describes the global financial crises mechanism in the second part of the 2000-th and shows her position towards the specific features of the shocks realization in connection with its influence on the national financial systems’ cyclic development.

About the authors

O I Pilipenko

Peoples’ Friendship University of Russia

Email: Zuslik1@rambler.ru

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Copyright (c) 2016 Economics



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