CONTEMPORARY RISKS FACING THE GLOBAL ECONOMY

Abstract

The articles dispute, that it is important to investigate the financial stagnation and chaotic situation that led to the crises in the international financial markets, and to highlight these consequences and reduce their percentage. It becomes a part of life by ensuring that future financial crises are affected as much as possible, and the world’s population suffers from unemployment there, the production process weakens, it becomes difficult to find the needs of the population, and this situation is increasing to chaotic. To avoid global financial crises, the study and research of past financial crises should not be repeated as much as possible. Consequently, this article plays the role of being one of the helper seeing these errors. Purpose: To study the financial crises that occurred in the financial markets is to prevent the repetition of those mistakes during the crises that may occur in the future. Methodology: Induction, deduction and analysis methods were used in the research work. The result of the study: It was determined that the crises in the financial markets. It happened due to the thoughtless, unexamined implementation of the activities that caused their beginning as the cause of occurrence. Crises are mainly caused by the fact that what some people do instinctively is sometimes wrong. In order to prevent this, increasing people’s financial knowledge is informing them of the wrong activities that happened in the past, and showing them the way out of these crises.