Tiesioginių užsienio investicijų srautų pokyčiai ekonominės krizės sąlygomis

• Main Authors: Čibinskienė, Akvilė, Kontautienė, Rima
• Format: Article in Journal/Newspaper
• Language: Lithuanian; English
• Published: 2010
• Subjects: Investments; Foreign direct investments; Economic crisis; Iceland
• Online Access: http://ktu.lvb.lt/KTU:ELABAPDB3090553&prefLang=en_US

The first signs of the global financial crisis occurred in mid-2007 with ever-growing financial mortgage defaults in the USA. Money market crisis began in 2008. The stock market slump, large financial institutions have collapsed or been redeemed by states. Governments around the world had to choose the techniques of redemption to save their financial systems. Not only the private financial institutions (such as “Lehman Brothers” and “Morgan Stanley”) and the nations (e.g., Iceland) wind up on the brink of bankruptcy. Financial institutions have been forced to raise capital and to deal with liquidity problems by reducing the cross-border bank lending and reducing the investment portfolio. Initial public offerings had been delayed in the international financial market. Financial crisis coincided with a structural crisis in the global economy. Industries that have thrived in good economic times for quite a long period and developed considerable excess capacity, falling into a deep recession when the global demand started to weaken. The financial crisis has coincided with the third stage of the economic cycle, i.e., the economic recession period. This resulted in a particularly negative impact of the crisis to the global economy. Foreign direct investments not only financial resources, new technologies, access to markets, but also is a value of an industry and its function. Many economies, including Lithuania, are still heavily dependent on FDI flows.[.]