THE IMPACT OF ECONOMIC RECESSION ON COMPANY ACTIVITIES / LĖTĖJANČIOS EKONOMIKOS POVEIKIS ĮMONIŲ VEIKLAI | Zendy

Pavel Gurskij | Zendy; Aušra Liučvaitienė | Zendy

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THE IMPACT OF ECONOMIC RECESSION ON COMPANY ACTIVITIES / LĖTĖJANČIOS EKONOMIKOS POVEIKIS ĮMONIŲ VEIKLAI

Author(s) -

Pavel Gurskij,

Aušra Liučvaitienė

Publication year - 2016

Publication title -

mokslas - lietuvos ateitis

Language(s) - English

Resource type - Journals

eISSN - 2029-2341

pISSN - 2029-2252

DOI - 10.3846/mla.2016.894

Subject(s) - recession , economics , business cycle , great recession , economy , keynesian economics

Negative consequences of economic fluctuations and economic downturns influence the significance of research in this area. Results of such research allow providing insights and sugges¬tions for governments to make political-economic decisions. The article investigates the impact of slowing economy on enterprises, the reasons of fluctuations of economic cycles and their characteristics, phases of economic cycle: growth, peak, downturn and crisis. The article studies definition of slowing economy, its reasons, ratios, and inter-relationship between various ratios. Methodology of evaluating economic cycles is provided in the article

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