Globalny kryzys gospodarczy – próba pomiaru efektów dla poszczególnych krajów
Global Economic Crisis: An Attempt at Measuring the Effects on Individual Economies

Summary/Abstract: The main aim of the article was to elaborate a worldwide ranking of countries showing the negative effects of the global economic crisis. In order to measure the impact of the global crisis on the individual economies, the authors have constructed a composite indicator of economic activity including five macroeconomic variables: per capita GDP, exports of goods and services, unemployment rate, stock market capitalization and net FDI inflows. Using this indicator, they have identified countries most and least affected by the global crisis, taking also into consideration the ability to restore the pre-crisis development level. The first ranking (covering 52 countries) shows the change of the synthetic indicator between 20007 and 2009, illustrating the direct adverse effect of the crisis on the economies concerned. The second ranking (covering 42 countries) shows the change of the synthetic indicator between 2007 and 2012, illustrating the ability of individual economies to overcome the effects of the crisis and to restore the pre-crisis activity levels.

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