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Reflections on the Economic Prospects

Author

Listed:
  • Cristian - Marian Barbu

    (Department of Management-Marketing, „ARTIFEX” University, Bucharest, Romania)

Abstract

This article emphasizes the fact that we are living exceptional times, because some data regarding the global economy puzzle us. A question arises more and more amidst analysts, business environment and leaders of national economies or economic entities: 2016 is the beginning of a new economic and financial crisis? More and more voices reply that a new crisis is likely to happen. These voices are frequent in Europe, also in the USA, while in China some phenomena signal a new crisis. Other voices claim this is only turbulence and we cannot speak (yet) about a global crisis, and turbulence is the new normality. From another perspective, they see it as a prolongation of the 2007-2008 crisis. Others claim it is a prolonged recession.

Suggested Citation

  • Cristian - Marian Barbu, 2016. "Reflections on the Economic Prospects," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 137-142, July.
    • Handle: RePEc:ovi:oviste:v:xvi:y:2016:i:1:p:137-142
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2015/03/ANALE-vol-16_issue_1_site.pdf
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    Citations

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    Cited by:

    1. Filipe de Oliveira Bello & Onofre Alves Simões, 2021. "Reform of the Brazilian RGPS Pensions System," Working Papers REM 2021/0191, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    2. Sthanu R Nair, 2021. "Agrarian suicides in India: Myth and reality," Development Policy Review, Overseas Development Institute, vol. 39(1), pages 3-21, January.

    More about this item

    Keywords

    raw materials cycle; turbulences; social inequality; poverty; recession risk J;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General

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