COMMON MISTAKES IN COMBATING THE ECONOMIC AND FINANCIAL CRISIS.

It's been more than five years after the beginning of the global financial crisis and its negative effects can still be felt in the present. Almost all countries in the world have been affected by this crisis to some extent. Authorities' responses depended not only on the specific conditions of their economies, but also by the different political and economic vision of the decision makers. This paper proposes a brief analysis of the effectiveness of different types of anti-crisis measures, focusing on common mistakes made by authorities around the world. [ABSTRACT FROM AUTHOR]