Consequences and possible solutions of financial crisis

Alexandra Adam and Silvia Elena Iacob
Additional contact information
Alexandra Adam: The Bucharest University of Economic Studies
Silvia Elena Iacob: The Bucharest University of Economic Studies

Theoretical and Applied Economics, 2012, vol. XVIII(2012), issue 12(577), 142-148

Abstract: Financial crisis do not end overnight, but it takes some time until all effects disappear. Most of the time, the period in which the consequences of financial crisis manifest is characterized by: persistent and deep collapses of stock market, deep cuts in production and employment and explosions of government debt whose main cause is, actually, the inevitable fall of tax revenue suffered by the State as a result of deep and prolonged output contractions in the economy. Thus, in this article we want to analyze the main consequences of the financial crisis and possible solutions offered by international institutions, especially monetary and fiscal policy decisions.

Keywords: financial crisis; government debt; fiscal policy; monetary policy; labor force. (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://store.ectap.ro/articole/812.pdf (application/pdf)
http://www.ectap.ro/articol.php?id=812&rid=93 (text/html)

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:agr:journl:v:12(577):y:2012:i:12(577):p:142-148

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Mircea Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania / Editura Economica Contact information at EDIRC.
Bibliographic data for series maintained by Mircea Dinu ().