Crisis Impact on the Dynamics of Services Sector, Causes, Effects; Financial-Banking Sector Abstract:Financial crisis, starting from the instability of banking system, has been gradually felt in the entire economy, the credit appreciation causing difficulties in firms financing and, respectively, in investment, leading to a diminishing in growth, consumption, to the fall of social programs. The study expound the context and causes of financial-banking crisis appearance, some aspects regarding the effects felt in lending activity and its adverse consequences, including the impact on the budget and public debt. The paper includes the analysis of some data and statistical indicators, reflected in tables and graphics
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JEL classification:
- G01 - Financial Economics - - General - - - Financial Crises
- G29 - Financial Economics - - Financial Institutions and Services - - - Other
- H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
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