OPENNESS OF THE ECONOMY AND SUSCEPTIBILITY TO CRISES - COLLECTIVE WORK

The book "Openness of the Economy and Susceptibility to Crises" is a collection of studies analyzing the relationship between globalization and economic stability. In the face of dynamic changes in the global economy and financial markets, this publication is a valuable source of knowledge for economists, students, and anyone interested in the impact of globalization processes on countries' susceptibility to crises. It is an inspiring read that allows you to understand the complex mechanisms of the modern economy.

• Analysis of the impact of globalization on countries' susceptibility to crises
• Examination of the mechanisms of transmission of disturbances from the global economy
• Identification of channels through which crisis phenomena spread
• Assessment of trade and financial relations between countries
• Argument against the hypothesis of decoupling of business cycles
• Discussion on the consequences of slowing economic growth in the BRICS countries
• Proposed increase in the role of domestic demand in China's economic growth

The publication of the PWN Scientific Publishing House is the result of the collective work of experts who have undertaken the analysis of the complex relationships between the openness of the economy and its susceptibility to crisis phenomena. The authors focus on examining the nature, direction, and strength of these relationships, offering the reader a comprehensive look at the issue of crises in the context of globalization. This book is an important contribution to the development of economic knowledge and can be used for both scientific and practical purposes.

The introduction by Dr. habil. Marek A. Dąbrowski and Prof. Dr. habil. Andrzej Wojtyna introduces the reader to the subject of the book, emphasizing the importance of the relationship between the openness of the economy and its susceptibility to crises. The authors draw attention to the mechanisms of transmission of disturbances from the global economy and the channels through which crisis phenomena spread to other countries. This publication is particularly important in the context of the growing role of countries with a medium level of development for the global economy.

The book has 240 pages and a format of 237x170 mm. It was published in 2018 in paperback. It is a valuable source of knowledge for anyone interested in the issue of economic crises and their impact on the global economy. This publication is not only up-to-date, but also inspiring and encourages reflection on the future of the global economy.