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Crıses and new ınternatıonal polıcy
(İnönü Üniversitesi İktisadi ve İdari Bilimler Fakültesi, 2009) Mammadova, Shafag; Cheltikchi, Orhan
The industrialized world has been undergoing a recession, a pronounced deceleration of economic activity in the United States in December 2007. There was optimistic air in world markets before the crises. The oil price rose, the drought was one of the factors that made crucial impact on the crises, and price in food products also rose and it overturned to crises. A global recession has resulted in a sharp drop in international trade, rising unemployment and slumping commodity prices. The crisis affected financial area high and it created deep influence in world markets. In order to show the terrible results of the crises it is compared with the crisis happened in 1929. That times crises impact the USA and increased unemployment. The crisis affected all countries in some ways, but certain countries vastly affected more than others. It affected countries policy and the crises drew the new world policy. What are the factors of World Economic Crises? What was the impact of the WEC to the states policy? , How to overcome the crises? These questions will be clarified in our article.