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Synchronizacja cykli koniunkturalnych a podatność gospodarek krajów Europy na skutki kryzysu gospodarczego 2008-2009

Author

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  • Agnieszka Domańska
  • Dobrmił Serwa

Abstract

W niniejszym artykule dokonano analizy wpływu synchronizacji cykli koniunkturalnych krajów Europy na ich podatność na zewnętrzne szoki gospodarcze w kontekście skutków kryzysu globalnego 2007-2009. Autorzy połączyli w badaniu dwa problemy makroekonomiczne. Są to: z jednej strony zagadnienie uwarunkowań gospodarek na wpływ impulsów gospodarczych „z reszty świata”, z drugiej – kwestia synchronizacji cykli koniunkturalnych jako efekt powiązań/współpracy gospodarczej między krajami, ale też jedno z uwarunkowań potencjalnie zwiększający wzajemną podatność krajów na szoki. Badanie wykazało, że w analizowanych krajach sam poziom konwergencji cykli nie stanowi istotnego czynnika bezpośrednio determinującego pogłębienie się kryzysu 2008-2009. Synchronizacja cykli – obserwowana w okresach stabilnej koniunktury – nie objaśnia więc reakcji gospodarek na ogólne załamanie gospodarcze. Dodatkowo, w rozprzestrzenianiu się kryzysu, zwłaszcza początkowo, główną rolę odgrywały powiązania rynków finansowych, których sama rola w synchronizacji cykli jest niejednoznaczna.

Suggested Citation

  • Agnieszka Domańska & Dobrmił Serwa, 2014. "Synchronizacja cykli koniunkturalnych a podatność gospodarek krajów Europy na skutki kryzysu gospodarczego 2008-2009," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 37.
    • Handle: RePEc:eko:ekoeko:37_27
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    References listed on IDEAS

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