Current Developments in the Global Economy

Constanta Aurelia Chitiba () and Anca Costea-Dunarintu ()

Knowledge Horizons - Economics, 2014, vol. 6, issue 2, 68-73

Abstract: Global economic situation crosses period in which forecasted indicators regarding economic growth have not been touched. This trend is increasingly observed in the other economies or groups around the world. The perspective from which we can now focus on the important aspects of global economy compels us, because of the economic, financial, political, social and ecological climate worldwide to synthesize relevant issues through the main economic actors. It's about how their economies help restore growth model capable of sustaining a general acceptable level situation that followed the economic and financial crisis which they faced. This phenomenon is called economic recovery and is a normal process in terms of theory, but does not always follow the same pattern, so that the effects generated are different. It's easy to understand that the economic crisis has not had the same effect for everyone, hence the differences between each economic approach whether to shelter or adapt to new changes.

Keywords: Economy; development; recovery; developed countries; developing countries (search for similar items in EconPapers)
JEL-codes: F2 F59 (search for similar items in EconPapers)
Date: 2014
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