Economic Crisis in Mediterranean Partner Countries and Its Implications for the European Union

Ploae Victor ()
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Ploae Victor: „Ovidius” University of Constanta, Faculty of Economic Sciences

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 2, 647-651

Abstract: Today’s world crisis is different from previous crises in that it is directly systemic. Its effects are being exacerbated by expectations, and nobody today can say how the expectations of Mediterranean Partner Countries (MPC) consumers and investors will change. How the material and human system of interdependence between the EU and the MPCs will respond is also unforeseeable. What about exports in relation to the shock of external demand? And ultimately, how will these events, leading to a drop in forecast growth every two months, affect reserves, monetary and budgetary balances and employment?

Keywords: Economic recession; European Union; Mediterranean Partner Countries; Trade. (search for similar items in EconPapers)
JEL-codes: F15 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:10:y:2010:i:2:p:647-651

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