Triggers of the Economic Crisis

Abstract

Trade war, stagnation, distrust of institutions and the effects of the political turmoil that change the international business environment, have intensified the empirical research over the enhanced instability of the economic systems. The present research highlights the warning signals of the slowing down economy and triggers of financial crises, the authors rationalising them, trying to find out whether a financial crisis is approaching or not, based on recent crises. Financial crises analysis leads towards asking questions about whether we can determine, predict or prevent crises and finding solutions for preparing for such events.

Keywords

• financial crisis
• black swans
• trade war
• slowing down economy
• recession