MANAGEMENT SYSTEMS OF A POSSIBLE ECONOMIC CRISIS

Carmen Elena Coca and Daniel Daneci Patrau
Additional contact information
Carmen Elena Coca: Tomis University, Constanta, Romania
Daniel Daneci Patrau: Spiru Haret University, Constanta, Romania

SEA - Practical Application of Science, 2016, issue 11, 269-274

Abstract: The present work tries to underline the effects of the worldwide crisis, and also present certain solutions for solving it. During periods of prosperity, people forget about crisis, neglecting the aspect of designing systems for handling possible crisis. Both the financial crisis and the significant financial tensions are considered rare events. Due to this, the mechanisms of handling the existing crisis at the time it appeared could be improper, certain laws being able to slow the action, or the instruments and formalities in a country may be different, this leading to lack of cooperation between states. At the same time, Romania, being affected by the crisis, causes discussions about its nature, about the methods of surpassing the difficulties and promoting the Romanian society. The present papers outlines certain effects of the worldwide crisis, which can be different from a country to another.

Keywords: Crisis; Financial Market; Prices (search for similar items in EconPapers)
JEL-codes: G01 G15 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
http://seaopenresearch.eu/Journals/articles/SPAS_11_14.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:cmj:seapas:y:2016:i:11:p:269-274

Access Statistics for this article

SEA - Practical Application of Science is currently edited by Romanian Foundation for Business Intelligence

More articles in SEA - Practical Application of Science from Romanian Foundation for Business Intelligence, Editorial Department
Bibliographic data for series maintained by Serghie Dan ().