Wzrost w cieniu światowego kryzysu

Maria Drozdowicz-Bieć

doi:10.56583/br.1406

Published : 2010-01-21

No. 3 (17) (2009)

The Growth in the Shadow of Global Recession

Maria Drozdowicz-Bieć

DOI: https://doi.org/10.56583/br.1406

Abstract

The paper presents the last slowdown in Polish economy during 2007-2009 and the first warnings of coming slowdown registered by Leading Indicator. The regional differences during recession are illustrated by analyzing the output in Polish regions. The recession (slow down) of 2007-09 is analyzed across Polish regions and compared to the recession of 2000-01. There are presented the first signs of the recovery, the threats of future development and different shapes of the recession.

Keywords:

business cycle, recession, slowdown, shape of recovery

Most read articles by the same author(s)

Maria Drozdowicz-Bieć, Robert Pater, Marian Wargacki, Identyfikacja zmian rynku pracy za pomocą barometru ofert pracy , Regional Barometer. Analyses & Prognoses: No. 1 (7) (2007)
Maria Drozdowicz-Bieć, Regional Business Cycle. International Experience – Implications for Poland , Regional Barometer. Analyses & Prognoses: No. 3 (13) (2008)
Maria Drozdowicz-Bieć, Robert Pater, Marian Wargacki, Konstrukcja wskaźników wyprzedzających dla regionalnych rynków pracy , Regional Barometer. Analyses & Prognoses: No. 1 (7) (2007)

Details

References

Statistics

Authors

Download files

PDF (Język Polski)

Citation rules

Drozdowicz-Bieć, M. (2010). The Growth in the Shadow of Global Recession. Regional Barometer. Analyses & Prognoses, (3 (17), 7–13. https://doi.org/10.56583/br.1406

Altmetric indicators

Cited by / Share

Licence

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

References

Blanchard O., Perotti R. (2002): An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output, „Quarterly Journal of Economics”, Vol. 117. DOI: https://doi.org/10.1162/003355302320935043

Calvo G., Izquierdo A., Talvi E. (2006): Phoenix Miracles in Emerging Markets: Recovering Without Credit from Systemic Financial Crisis, „NBER Working Paper”, No. 12101, Cambridge, Massachusetts. DOI: https://doi.org/10.3386/w12101

Christiansen L. (2008): Fiscal Multipliers – A Review of the Literature, Appendix II to „IMF Staff Position Note 08/01, Fiscal Policy for the Crisis”, IMF, Washington.

Freedman Ch., Kumhof M., Laxton D., Lee J. (2009): The Case of Global Fiscal Stimulus, IMF Staff Position Note, SPN/09/03, IMF, 06.03 2009. DOI: https://doi.org/10.5089/9781455268368.004

Muellbauer J. (2007): Housing Credit and Consumer Expenditure, Symposium of Economic Policy, FED of Kansas City: Housing, Housing Finance and Monetary Policy, Jackson Hole, Wyoming.

Reinhart C.M., Rogoff K.S. (2009): The Aftermath of Financial Crisis „NBER Working Paper”, No. 14656, Cambridge, Massachusetts. DOI: https://doi.org/10.3386/w14656