CRISIS MANAGEMENT IN BUSINESS CYCLES CASE STUDY: KOSOVO
Keywords:
Crisis, Factors, Innovation, Economy, Strategy, Policy, Kosovo, TransitionAbstract
The problem of understanding the economic cycle at the present time is a
challenge for macroeconomic wealth to adjust the change models and approaches
to competition cycle. Ever since the onset of the recent crisis, monetary business
cycle theories have started to regain their relevance and timeliness in explaining
business fluctuations. Approach of insufficient under-consumption, monetarism,
innovation and psychology responses to conducted cycle. According to these
theories, it is monetary mismanagement that lies at the bottom of macroeconomic
dysfunctions in inter temporal allocation of resources. Economic policy is based on
the implementation of neo-liberal ideology, and it is reflected in excessive public
spending making it necessary to constantly foreign borrowing, excessive imports, the
national economy, subsidies, corruption, absence of meaningful reform and eternal
hope in foreign investors. So this work is based on these processes using statistical
analysis of the Kosovo economy. Recommendations from the conclusion of the work
will be carried out in the proper approach in a competitive environment cycle of
Kosovo as well as creation of a new economic strategy and macro-economic policies
of Kosovo.
What are the reasons of the high level of crises? Why business cycles remain
on low levels? Is the percent (%) of business cycle due to wrong actions of our
politicians? Does the education level have impact on business rate? Do family
businesses affect the cycle of businesses?
Answers to these and many other questions you will get through this paper,
where method of secondary data has been used