GDP and trade of transformation countries in the time of the economic crisis Cover Image

PKB i handel państw transformacji w czasie kryzysu gospodarczego
GDP and trade of transformation countries in the time of the economic crisis

Author(s): Elżbieta Czarny, Katarzyna Śledziewska, Jerzy Menkes
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: economic activity; economic crisis; transition countries

Summary/Abstract: The paper objective is to analyse economic activity of transition countries during the economic downturn which commenced in 2008. GDP and trade alterations are analysed and compared with similar values achieved by the developing and developed countries. The empirical analysis proves that transition countries suffered relatively less in the current collapse than the most developed states. At the same time developing countries suffered even less. The empirical analysis is proceeded with comments on the impact of states’ differences on their economies grouping.

  • Issue Year: 2012
  • Issue No: 267 Vol 1
  • Page Range: 130-139
  • Page Count: 10
  • Language: Polish