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The Consequences Of The Financial Crisis Upon Emerging And Developping Countries

Author

Listed:
  • Marilena CIOBANASU

    (Universitatea Titu Maiorescu Bucuresti)

  • Rodica GHERGHINA

    (Academy of Economic Studies)

  • Anca Mirela POSTOLE

    (Universitatea Titu Maiorescu Bucuresti)

Abstract

The authors of the research analyze the impact and the effects of the financial crisis upon the emerging and developing countries. Moreover, the impact of the international economic crisis upon the new member states of the European Union has proved to be more severe than it had been anticipated a few months before, and its effects appeared immediately. Also, the study shows how important it is for the developing countries to take immediate, decided and systematic measures, to be ready for future events, in order to reduce the recession risks. A correct management of the crisis besides prevention policies and strategies also involves management methods corresponding to the type of crisis.

Suggested Citation

  • Marilena CIOBANASU & Rodica GHERGHINA & Anca Mirela POSTOLE, 2010. "The Consequences Of The Financial Crisis Upon Emerging And Developping Countries," Proceedings of Administration and Public Management International Conference, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 6(1), pages 226-235, June.
  • Handle: RePEc:rom:compca:v:6:y:2010:i:1:p:226-235
    as

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    File URL: https://www.confcamp.ase.ro/2010/fisiere/Conferinta2010/20.pdf
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    References listed on IDEAS

    as
    1. Frederic S. Mishkin, 2004. "Can Inflation Targeting Work in Emerging Market Countries?," NBER Working Papers 10646, National Bureau of Economic Research, Inc.
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