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The Financial and Economic Crisis in Romania and the Possibilities of Recovery

Author

Listed:
  • Duduialã Popescu Lorena

    (The University of “Constantin Brâncuºi” Tg-Jiu)

Abstract

The world economy is currently still facing one of the worst economic and financial crisis since the Second World War. In fact, this crisis has spread worldwide with maximum speed, the economies of all Member States of the European Union encountering serious difficulties, both in the banking system and the real economy. The purpose of this paper is to highlight what triggered the crisis in the global economy today, why not follow a particular thread and another, all with reference to the area where Romania is that the European Union, hoping to find a cure to the current problems of economic, social and political that we must face.

Suggested Citation

  • Duduialã Popescu Lorena, 2013. "The Financial and Economic Crisis in Romania and the Possibilities of Recovery," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1222-1226, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:1:p:1222-1226
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    More about this item

    Keywords

    economic crisis financial; economic recession; countercyclical policies; economic recovery;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts

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