Preliminary communication

ECONOMIC DISASTERS – WHAT DO WE REALLY KNOW?

Vinko Muštra ; Faculty of economics, business and tourism, University of Split, Croatia

Abstract

After recent global financial and economic crisis interest in potential effects of especially large economic crisis, called economic disasters has been increased. This study analyzes determinants of size and recovery phase of economic disasters from 1960 up to 2014 among 214 countries. The results reveal differences between scale and duration of economic disasters. Some possible factors shaping these patterns are explored indicating the importance of institutions and investments for scale of disasters, and human capital and financial sectors for duration phase.

Keywords

economic disasters, institutions, investment, human capital.

Hrčak ID:

241612

URI

https://hrcak.srce.hr/241612

Publication date:

27.7.2020.

Article data in other languages: croatian

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