2007-2010 Financial and economic crisis nature

Autor: Elena Pădurean, Camelia Băltăreţu, Delia Nedu
Jazyk: English<br />French
Rok vydání: 2009
Předmět:
Zdroj: EIRP Proceedings, Vol 4, Iss 1, Pp 557-563 (2009)
Druh dokumentu: article
ISSN: 2067-9211
Popis: The causal structure of the present financial and economic crisis leads us to a revisiting of theeconomic cyclicity, especially concerning the temporal dimension of the economic cycle. In this end, theauthors analyze the nature of the above mentioned crisis, from some point of views. As a result, some crucialdirections of action are established as follows: the external channels of transmission of the crisis, the channelsof transmission of the financial crisis into the economic crisis, the “optimal” order of the anti-crisis measures.Some possible adverse effects are pointed out in order to prevent any undesirable consequences of thegovernmental intervention against the crisis effects.
Databáze: Directory of Open Access Journals