publication . Article . 2010

Global Economy under the Current Economic Crisis Effects

Voicu Ioana-Iulica; Talmaciu Iuliana;
Open Access
  • Published: 01 Jan 2010 Journal: Ovidius University Annals, Economic Sciences Series, volume X, issue 2 October, pages 836-840
In the current context in which countries in the world search new solutions and strategies to counteract the negative effects generated by the worst economic crisis in the last 80 years, the globalisation rises polemics and controversies regarding the causes that lead to the expansion of the crisis. May it be, the current economic crisis, a consequence of the globalisation? Beyond the contradictory answers, the globalisation must be seen in essence as a stimulating and expansion factor of the processes from the global economy. Officially, the crisis release took place in August 2007, when the American central banks interfered providing liquidities to the banking...
free text keywords: economic crisis, globalisation, gross domestic product, capital flow, recession, jel:F01, jel:G01
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