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Financial and Macro-Economic Views of the Mondial Economic Crisis

Ionescu Ionel Eduard () and Oprea Cristian Constantin ()
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Ionescu Ionel Eduard: “Spiru Haret” University of Bucharest, Faculty of Finance and Banking
Oprea Cristian Constantin: “Spiru Haret” University of Bucharest, Faculty of Finance and Banking

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 1, 1023-1027

Abstract: The global economy has significantly deteriorated in 2009 and the comeback looks to be irregular. The weakest performances in terms of reverting to the situations before the onset of the crisis are predicted to show for the countries of the European Union. Even though the monetary and fiscal stimuli have been consistent, the lack of sustainability of public debt and the risk of rising prices bring up discussions of initiating measures for the gradual retraction of stimuli.

Keywords: world economy; financial markets; economic deficit; crisis; recession (search for similar items in EconPapers)
JEL-codes: G01 H61 H68 (search for similar items in EconPapers)
Date: 2011
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