ECONOMICAL CRISIS, A PATH TO CHANGE OR TO CHAOS?

Daniela Virjan and Ioan Pirosca Grigore

Revista Economica, 2012, vol. Supplement, issue 1, 844-849

Abstract: Economical crisis cause radical changes to all spheres of economical and social life. Change can be beneficial or catastrophic. For some countries, change caused by economical crisis are beneficial, those countries testing their capacity to reevaluate their economical potential and trying to relaunch their economy by making use of other principles than purely economical ones. Those which do not succeed in managing crisis enter financial collapse and this is just one step aawy from chaos and war. Attitude towards change is very important. When something happens to us, we must accept what is happening and try to find fixes to get out of that situation while taking as little damage as possible. If we adopt the attitude of he which has already lost, trying to blame one another, while not trying to do anything to get to safe waters, we will certainly drown one by one. Only by education, by raising our degree of collective knowledge, solidarity and mutual understanding can be overcome the current global economical crisis.

Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://economice.ulbsibiu.ro/revista.economica/arc ... nte/Volume1-2012.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:blg:reveco:v:supplement:y:2012:i:1:p:844-849

Access Statistics for this article

More articles in Revista Economica from Lucian Blaga University of Sibiu, Faculty of Economic Sciences Lucian Blaga University of Sibiu, Faculty of Economic Sciences Dumbravii Avenue, No.17, postal code 550324, Sibiu, Romania. Contact information at EDIRC.
Bibliographic data for series maintained by Eduard Alexandru Stoica ().