Global business activities in light of the impacts of the economic recession
The paper focuses on the impacts of the economic recession in 2008-2009, which resulted in significant losses in manufacturing, investments, foreign trade and led to a major rise in unemployment and decrease in the standard of living. Based on the assumptions about the growth of global economy, the...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Technical University of Kosice
2011-04-01
|
| Series: | Kvalita Inovácia Prosperita |
| Subjects: | |
| Online Access: | http://www.qip-journal.eu/index.php/QIP/article/view/30 |
| _version_ | 1828946597941084160 |
|---|---|
| author | Peter Kuzmišin |
| author_facet | Peter Kuzmišin |
| author_sort | Peter Kuzmišin |
| collection | DOAJ |
| description | The paper focuses on the impacts of the economic recession in 2008-2009, which resulted in significant losses in manufacturing, investments, foreign trade and led to a major rise in unemployment and decrease in the standard of living. Based on the assumptions about the growth of global economy, the attention is paid to the activities of business sphere in the area of investments in terms of the Index of investor confidence published in 2010. As the main motive for investments in the forthcoming future, the security of investments has been identified. The turning point is expected to occur in 2011. Nowadays, there is rather a climate of “suspended investments” due to both the insecurity on the markets and problems with acquiring credits. |
| first_indexed | 2024-12-14T05:13:48Z |
| format | Article |
| id | doaj.art-ebdf98ba87164e0faba2055614870ed7 |
| institution | Directory Open Access Journal |
| issn | 1335-1745 1338-984X |
| language | English |
| last_indexed | 2024-12-14T05:13:48Z |
| publishDate | 2011-04-01 |
| publisher | Technical University of Kosice |
| record_format | Article |
| series | Kvalita Inovácia Prosperita |
| spelling | doaj.art-ebdf98ba87164e0faba2055614870ed72022-12-21T23:15:53ZengTechnical University of KosiceKvalita Inovácia Prosperita1335-17451338-984X2011-04-01141-291910.12776/qip.v14i1-2.3033Global business activities in light of the impacts of the economic recessionPeter Kuzmišin0Technical University of Košice, Faculty of EconomicsThe paper focuses on the impacts of the economic recession in 2008-2009, which resulted in significant losses in manufacturing, investments, foreign trade and led to a major rise in unemployment and decrease in the standard of living. Based on the assumptions about the growth of global economy, the attention is paid to the activities of business sphere in the area of investments in terms of the Index of investor confidence published in 2010. As the main motive for investments in the forthcoming future, the security of investments has been identified. The turning point is expected to occur in 2011. Nowadays, there is rather a climate of “suspended investments” due to both the insecurity on the markets and problems with acquiring credits.http://www.qip-journal.eu/index.php/QIP/article/view/30world economyeconomic recessionindex of investor confidenceEuropean Unionglobal business environment |
| spellingShingle | Peter Kuzmišin Global business activities in light of the impacts of the economic recession Kvalita Inovácia Prosperita world economy economic recession index of investor confidence European Union global business environment |
| title | Global business activities in light of the impacts of the economic recession |
| title_full | Global business activities in light of the impacts of the economic recession |
| title_fullStr | Global business activities in light of the impacts of the economic recession |
| title_full_unstemmed | Global business activities in light of the impacts of the economic recession |
| title_short | Global business activities in light of the impacts of the economic recession |
| title_sort | global business activities in light of the impacts of the economic recession |
| topic | world economy economic recession index of investor confidence European Union global business environment |
| url | http://www.qip-journal.eu/index.php/QIP/article/view/30 |
| work_keys_str_mv | AT peterkuzmisin globalbusinessactivitiesinlightoftheimpactsoftheeconomicrecession |