ECONOMICS OF CRISIS VERSUS CRISIS OF ECONOMICS: THE FALL OF CAPITALISM AND THE REMAKE OF THE ECONOMIC WORLD ORDER

Ana-Madalina Potcovaru ()
Additional contact information
Ana-Madalina Potcovaru: The Bucharest Academy of Economic Studies, Bucharest, Romania

Business Excellence and Management, 2013, vol. 3, issue 2, 16-20

Abstract: The world in which we live in is changing. And rapidly. The global economic crisis that is our living companion since 2007 might change the world for ever. Our beloved democracies, the US and the European Union, or even Japan are no longer the main economic forces that drive the world’s economy. New countries are rising towards becoming the top economies and most of these are not belonging to the western world, nor are functional democracies. But why is this happening? Why are we losing so fast all our power and influence? Well, one main cause might be that every major civilization develops, peaks, and eventually falls. This article insists on our cultural and demographic topics, which are the main reasons for this downward trend.

Keywords: Global economic crisis; Demographic transition; Globalisation; Economic demography (search for similar items in EconPapers)
JEL-codes: H12 M2 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://beman.ase.ro/no32/2.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rom:bemann:v:3:y:2013:i:2:p:16-20

Access Statistics for this article

Business Excellence and Management is currently edited by Zamfir Andreea

More articles in Business Excellence and Management from Faculty of Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Zamfir Andreea ().