INNOVATION AND CONSTANT ADAPTATION TO THE CHALLENGES OF THE ECONOMY IN ORDER TO PRESERVE STABILITY IN THE FEDERAL REPUBLIC OF GERMANY IN EMERGENCIES CAUSED BY THE CORONAVIRUS PANDEMIC Cover Image
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INOVACIJE I KONSTANTNO PRILAGOĐAVANJE IZAZOVIMA PRIVREDE SA CILJEM OČUVANJA STABILNOSTI U SAVEZNOJ REPUBLICI NEMAČKOJ U VANREDNIM USLOVIMA IZAZVANIM PANDEMIJOM VIRUSA KORONA
INNOVATION AND CONSTANT ADAPTATION TO THE CHALLENGES OF THE ECONOMY IN ORDER TO PRESERVE STABILITY IN THE FEDERAL REPUBLIC OF GERMANY IN EMERGENCIES CAUSED BY THE CORONAVIRUS PANDEMIC

Author(s): Zoran Malešević
Subject(s): Economy, National Economy, Micro-Economics, Health and medicine and law, Public Finances
Published by: Finrar d.o.o Banja Luka
Keywords: financial help; innovations; coronavirus; crisis;
Summary/Abstract: If we observe the time period of the previous 18 months, we can see that the economic systems of all countries are facing great challenges. The corona pandemic, which was initially mistakenly thought to have no impact on economic developments or that economies will suffers light changes and possibly small losses, proved to be an imposed economic constant. The Corona has become a significant factor in adjusting economic trends and creating economic policies. This has forced many countries to adapt to the new situation. From the very beginning of the pandemic, the Federal Republic of Germany has taken very serious approach to program development and innovation in order to preserve its economic stability. The state has invested large financial resources in order to preserve small, medium and large enterprises and to mitigate the negative consequences as much as possible.

  • Page Range: 339-352
  • Page Count: 14
  • Publication Year: 2021
  • Language: Serbian