DOMESTIC AND FOREIGN TRANSMISSION OF THE GLOBAL FINANCIAL CRISIS IN THE REAL ECONOMY. THE POLISH SITUATION Cover Image

DOMESTIC AND FOREIGN TRANSMISSION OF THE GLOBAL FINANCIAL CRISIS IN THE REAL ECONOMY. THE POLISH SITUATION
DOMESTIC AND FOREIGN TRANSMISSION OF THE GLOBAL FINANCIAL CRISIS IN THE REAL ECONOMY. THE POLISH SITUATION

Author(s): Elena Valentina Tilica
Subject(s): National Economy, Supranational / Global Economy, Energy and Environmental Studies, Financial Markets
Published by: EDITURA ASE
Keywords: Financial contagion; emerging stock markets; real-economy sectors; domestic contagion;

Summary/Abstract: This paper studies the contagion process of the 2008 Global Financial Crisis through several important Polish economic sectors: chemical, construction, food, IT, media, oil & gas and telecommunication. The results show a significant difference between the response of these sectors to the crisis. Chemical, construction, media and oil and gas were selected, in different degrees, by a domestic financial contagion. The food industry was influenced in a negligible degree by contagion, while the IT and telecommunication sectors showed a decrease of their co-movements with the financial sector, both foreign and domestic.

  • Issue Year: 13/2021
  • Issue No: 1
  • Page Range: 47-60
  • Page Count: 14
  • Language: English
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