THE FUTURE OF ECONOMIC GROWTH: CERTAINTY AND UNCERTAINTY ILLUSION?

Cristian Dan Pirvu, Cerasela Pirvu and Anca Mehedintu
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Cristian Dan Pirvu: Constantin Brancusi University, Romania
Cerasela Pirvu: University of Craiova, Romania
Anca Mehedintu: University of Craiova, Romania

Annals - Economy Series, 2011, vol. 4, 148-151

Abstract: Starting from the concrete realities of the contemporary world reflected in the system of crises which affects the worldwide economy, the outlooks of economical growing and development, the poverty which includes a bigger percent of Earth’s population, the uncertainty about the future of economy, the existing article tries to offer answers at some stringent problems with which the humanity confronts. The global economical and financial crise triggered in 2008 is one of the components of the „bunch” of actual crises next to the ecological one, power, alimentary, water’s one and not least educational and moral crise. These crises manifest at the scale of the whole planet, but they have different degrees from a region to another, from a state to another. The main cause is, in our opinion, the human, the society in its ensemble, which in the effort of adancing, of a better life thought only in this spirit, neglecting the environment which has degraded more and more.

Keywords: economic growth; poverty; breach; risk; uncertainty (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2011:v:4:p:148-151

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