FINANCIAL MEASURES RESPONSES TO THE GLOBAL ECONOMIC CRISIS
Elena Dobre
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Elena Dobre: Ovidius University Constanta
Theoretical and Applied Economics, 2009, vol. 12(541)(supplement), issue 12(541)(supplement), 282-289
Abstract:
A specific risk of this period is liquidity risk arised from inexistence of adecquted management. A new risk arises from financial measures against the effects of economic worldwide crisis. These measures are dedicated to mitigate the crisis risks but, they may become a real challange for companies and individuals caused by new competence needed. As a conclusion, the topic of risks in international assignments is becoming of greater importance in the framework of new business environment (for example: subprime loans or financial instruments transactions such as Mortgage Backed Securities insufficient guaranted) and from general point of view is going to be a major problem for each company and individual involved. Another risk specific to the current situation is generated by anti-crisis measures adopted by governments and companies. Responses from government authorities, although meant to counter negative economic effects, can also represent challenges for economies. This paper focuses on these anticrises measures that can be separated into two categories: fiscal measures and corporate measures.
Keywords: risk; liquidity; crisis; financial measures; responses. (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:282-289
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