| Abstract [eng] |
The main purpose of this study is to determine how similar are the financial indicators of the year 2008 with nowadays. Analyze their likeness and differences and after concluding the results describe how strong are the signals of the upcoming recession. This master thesis consists of four main parts: the analysis of literature, the methodology research, the comparative analysis and its results, conclusions and recommendations. The analysis of literature reviews the types of the financial crisis and it’s main reasons of formation. The main attention was assigned to the economic crisis of 2008 and it’s changes in financial indicators. An analysis of the scientific literature to clarify the causes of the crisis, what mistakes were made, the measures taken to stop the financial crisis, and to compare the current financial aspects with the pre-crisis data, thus assessing the likelihood of a global financial crisis in the near future. The second part of the work presents the financial indicators of the current world and the impact of the resulting pandemic on them. There is a downward trend in economic indicators, as during the previous economic crisis. Attempts are being made to determine what damage the COVID-19 virus pandemic will do to the current economy and how long it will freeze. Actions that could mitigate the damage are also described. The last part of the paper presents global financial indicators that affect the state of the economy. Their comparative analysis is performed by taking the 2008 recession and compared to the current 2020 level. Financial indicators. The results of the analysis are described, the obtained similarities and differences between the selected periods are highlighted. On the basis of the obtained data, a study of the similarity of the correlation coefficient is carried out, which tries to determine the strength of the relationship between 2008 and 2006. Financial indicators for the crisis period and 2020 current data. Using the results of the study and other statistics, current indicators that warn of the impending recession are assessed, and mitigation plans are drawn up. This section relied mainly on data from the International Monetary Fund and the FRED database. At the end of this master thesis the conclusions and recommendations summarize the main aspects of literature analysis, methodological part and the results of the performed income and perspectives research. |
