Fundamental Causes of Financial and Economic Crisis and its Overcoming

Article ID

633Y3

Fundamental Causes of Financial and Economic Crisis and its Overcoming

Dr. VladimAr Vrecion
Dr. VladimAr Vrecion
DOI

Abstract

The article deals with the fundamental methodological and theoretical ideas of market economy. The logical core of the market economy (ME) and its functioning is briefly described. From these logical bases of ME basic principles of its right functioning are deduced And from there is deduced how the contemporary practice of ME and market society disturbs, subverts these principles. The consequence of such disturbing of the logical core of the ME could be its partial and even total collapse. The current financial and economical crisis is a warning example. It is necessary to implement and to restore in practice fundamental principles of market economy in order to resort present crisis and to avoid future great – even fatal risks. And this will be mainly the role of states and international institutions.

Fundamental Causes of Financial and Economic Crisis and its Overcoming

The article deals with the fundamental methodological and theoretical ideas of market economy. The logical core of the market economy (ME) and its functioning is briefly described. From these logical bases of ME basic principles of its right functioning are deduced And from there is deduced how the contemporary practice of ME and market society disturbs, subverts these principles. The consequence of such disturbing of the logical core of the ME could be its partial and even total collapse. The current financial and economical crisis is a warning example. It is necessary to implement and to restore in practice fundamental principles of market economy in order to resort present crisis and to avoid future great – even fatal risks. And this will be mainly the role of states and international institutions.

Dr. VladimAr Vrecion
Dr. VladimAr Vrecion

No Figures found in article.

Vladimir Vrecion. 1970. “. Global Journal of Management and Business Research – B: Economic & Commerce GJMBR-B Volume 11 (GJMBR Volume 11 Issue B11): .

Download Citation

Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Issue Cover
GJMBR Volume 11 Issue B11
Pg. 19- 24
Classification
Not Found
Article Matrices
Total Views: 21032
Total Downloads: 10624
2026 Trends
Research Identity (RIN)
Related Research
Our website is actively being updated, and changes may occur frequently. Please clear your browser cache if needed. For feedback or error reporting, please email [email protected]

Request Access

Please fill out the form below to request access to this research paper. Your request will be reviewed by the editorial or author team.
X

Quote and Order Details

Contact Person

Invoice Address

Notes or Comments

This is the heading

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

High-quality academic research articles on global topics and journals.

Fundamental Causes of Financial and Economic Crisis and its Overcoming

Dr. VladimAr Vrecion
Dr. VladimAr Vrecion

Research Journals