The financial crisis and its manifestation in the post-industrial economy

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Crises in the post-industrial economy that lead to the deterioration of the country’s economic condition occur at cyclical intervals. The manifestation of financial crises is the decline in production, the violation of existing production relations, the bankruptcy of enterprises, the growth of unemployment and, as a result, the decline in the well-being of the population. The article considers the classification of financial crises according to the scale of the imbalance in economic systems in a post-industrial society. Based on the study of the concepts of “ financial crisis “in the studies of domestic and foreign scientists, the existing concepts of” Financial Crisis “ are analyzed and a clarification is made in the generalizing concept. The causes of the financial crisis that arise in the post-industrial economy are divided into groups. The article considers the manifestation of crisis situations in the financial market by types of segments and their interrelation. A number of indicators describing the probability of a crisis in the financial market are presented. The functions of the financial crisis in the post-industrial economy are formulated. In connection with the study of crisis indicators, measures have been developed to prevent crisis situations in the financial market. Based on the results of the study of information on the formation of crisis situations, recommendations are identified as preliminary actions for the emergence of crises in the context of increasing the stability of the post-industrial economy.

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Financial crisis, finance, crisis indicators, crisis situation

Короткий адрес: https://sciup.org/142230306

IDR: 142230306   |   DOI: 10.17513/vaael.1862

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