Typology of Crises - Description of Shock Phenomenon and Infuence had by Natural Resources

Amelia Diaconu and Raluca Georgescu ()
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Amelia Diaconu: Artifex University, Bucharest, Romania
Raluca Georgescu: The Bucharest University of Economic Studies, Romania

International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, 2016, vol. 5, 282-286

Abstract: This research paper represents a light approach on how crises appear, how they evolve and how could we create a protection mechanism against them. The main bias of this paper is situated on the idea of how shocks seen from asymmetrical information could evolve into real economic or financial �storms�, especially when they are ignited from the fact that political, economic and financial factors could influence a drop in available resources although those aren't lowered from natural causes. During the paper it could be seen on approach that chooses to link today's needs in predicting future crises and lessons from the past.

Keywords: Crises; economic instability; currency; natural resources shocks (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:aes:icafee:v:5:y:2016:p:282-286

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