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Financial and Macro-Economic Views of the Mondial Economic Crisis

Author

Listed:
  • Ionescu Ionel Eduard

    (“Spiru Haret” University of Bucharest, Faculty of Finance and Banking)

  • Oprea Cristian Constantin

    (“Spiru Haret” University of Bucharest, Faculty of Finance and Banking)

Abstract

The global economy has significantly deteriorated in 2009 and the comeback looks to be irregular. The weakest performances in terms of reverting to the situations before the onset of the crisis are predicted to show for the countries of the European Union. Even though the monetary and fiscal stimuli have been consistent, the lack of sustainability of public debt and the risk of rising prices bring up discussions of initiating measures for the gradual retraction of stimuli.

Suggested Citation

  • Ionescu Ionel Eduard & Oprea Cristian Constantin, 2011. "Financial and Macro-Economic Views of the Mondial Economic Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1023-1027, May.
    • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1023-1027
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    More about this item

    Keywords

    world economy; financial markets; economic deficit; crisis; recession;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt

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