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Abstract
Appearance of the global crisis in 2008. forced financial markets to colaps.
Main consequence of the world recession was sudden fall of agregate demand and
unemployment rise. Government has appeared in that conditions as the only subject
who could bring back economy on precrisis level with help of axcessive
consumption. We are now witnessing that intervention measures have been
succsesful, however new threat are looming in form of high budget deficits and
huge public debts. Basic methods applied in this paper are analytical and empirical
which could help to understand and overview observed problem.