ECONOMIC CRISIS - UNDERSTANDING THE CAUSES TO ANALYSE POSSIBLE SOLUTIONS

Marius Gavriletea () and Aura Carmen Moga

Revista Economica, 2012, vol. Supplement, issue 4, 283-289

Abstract: Economic crisis or recession is our day`s dilemma. Analyzing the economic conditions of the global economy trough last years, the study analyzes the economic and financial premises that lead the global economy into crisis. The study reveals in the case of Poland, Romania and Hungary, the GDP and the volume of Gross Written Premiums as major indicators of the crisis magnitude, and also the impact of global crisis on the economic environment. In the last part of this study, we analyze the GDP prediction for this year, and also measures that the economies should take in order to avoid the recession.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:supplement:y:2012:i:4:p:283-289

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