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World financial industry after the crisis

Veronica Adriana Popescu, Gheorghe Popescu and Cristina Raluca Popescu

Manager Journal, 2010, vol. 11, issue 1, 92-105

Abstract: The world financial system,which needs to be a driver for economies worldwide,has suffered a profound shock following the worldwide economic crisis.This paper shall examine the most probable course in the development of the world financial system during the next five to ten years,with a particular focus on the changed role of the banks worldwide,the evolution of the US dollar and the moments when the world economy hangs into balance.

Date: 2010
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