Financial Crisis Effects on Romanian Economy

The world economy is under recession. The strong financial turbulences, thecollapses of the main stock exchanges with global extension, the global realestate crises and alimentary problems represent the signs of a fundamentalcorrection within the global economy. To tackle the unprecedented economics...

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Bibliographic Details
Main Author: Magdalena DEDIU
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2009-01-01
Series:Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Subjects:
Online Access:http://www.ann.ugal.ro/eco/Doc2009_2/Dediu.pdf
Description
Summary:The world economy is under recession. The strong financial turbulences, thecollapses of the main stock exchanges with global extension, the global realestate crises and alimentary problems represent the signs of a fundamentalcorrection within the global economy. To tackle the unprecedented economicstorm, governments across the world have been spending trillions of dollars oneconomic stimulus packages to combat the recession, prompting a debate abouthow eventually to unwind this support. Removing the stimulus measures toosoon could see economies slump again, while leaving them in place too longcould risk stoking inflationary pressures. How world financial crisis manifest inRomania.
ISSN:1584-0409