THE GREATEST FINANCIAL CRISES AND THE ECONOMIC THEORIES

Aurelia Ioana Logojan
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Aurelia Ioana Logojan: Eximbank

Romanian Economic Business Review, 2009, vol. 4, issue 3, 7-16

Abstract: The financial crisis erupted in 2007 caused disruptions on the others markets and then was followed by economic recession. This article present the explanations provided by economic theories about the main consequences of the greatest financial crises on the economy, form XIX century till today. The conclusion of the paper is that the main changes in the economic theory should be about the role of human and a more ethical view of economy.

Keywords: financial crisis; depression; economic theory (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (2)

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