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Management Systems Of A Possible Economic Crisis

Author

Listed:
  • Carmen Elena COCA

    (Tomis University, Constanta, Romania)

  • Daniel Daneci PATRAU

    (Spiru Haret University, Constanta, Romania)

Abstract

The present work tries to underline the effects of the worldwide crisis, and also present certain solutions for solving it. During periods of prosperity, people forget about crisis, neglecting the aspect of designing systems for handling possible crisis. Both the financial crisis and the significant financial tensions are considered rare events. Due to this, the mechanisms of handling the existing crisis at the time it appeared could be improper, certain laws being able to slow the action, or the instruments and formalities in a country may be different, this leading to lack of cooperation between states. At the same time, Romania, being affected by the crisis, causes discussions about its nature, about the methods of surpassing the difficulties and promoting the Romanian society. The present papers outlines certain effects of the worldwide crisis, which can be different from a country to another.

Suggested Citation

  • Carmen Elena COCA & Daniel Daneci PATRAU, 2016. "Management Systems Of A Possible Economic Crisis," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 11, pages 269-274, July.
    • Handle: RePEc:cmj:seapas:y:2016:i:11:p:269-274
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    More about this item

    Keywords

    Crisis; Financial Market; Prices;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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