Effects of International Financial Turbulences Extension on the Romanian Economy. Prevention Solutions

Effects of International Financial Turbulences Extension on the Romanian Economy. Prevention Solutions

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The world economy is under recession. The strong financial turbulences, the collapses of the main stock exchanges with global extension, the global real estate crises and alimentary problems represent the signs of a fundamental correction within the global economy. How did the global financial crisi...

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Bibliographic Details
Main Authors: Cristian Socol, Andrei Hrebenciuc
Format: Article
Language:English
Published: General Association of Economists from Romania 2008-08-01
Series:Theoretical and Applied Economics
Subjects:
global financial crisis
contagion
globalization
speculative attacks
external vulnerability.
Online Access:http://www.ectap.ro/articole/324.pdf
Description
Summary:The world economy is under recession. The strong financial turbulences, the collapses of the main stock exchanges with global extension, the global real estate crises and alimentary problems represent the signs of a fundamental correction within the global economy. How did the global financial crisis appear? Are USA capable of minimizing the negative effects of the recession are facing with? How will the world financial crisis manifest in Romania? Which are the solutions to prevent the extension of the financial turbulences in Romania? These are the questions to which we are trying to give an answer within this work.
ISSN:1841-8678

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