Crisis – Achilles’ heel

Bicãjanu Vasile () and Popescu (Spârchez) Nicoleta ()
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Bicãjanu Vasile: The Bucharest Academy of Economic Studies
Popescu (Spârchez) Nicoleta: The Bucharest Academy of Economic Studies

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 2, 92-95

Abstract: The world is in a state of uncertainty; it may be an economic, social, political, moral, military, cultural, religious crisis… The international entities such as the International Monetary Fund, the European Financial Stability Facility, United Nations Organization, etc. collaborate for enforcing anti-crisis measures and Greece tries to pull out the arrow from Achilles’ heel. The ethics and economics principles sometimes seem insufficient for more flowers than weeds to grow in a planetary garden. In this context, this study emphasizes the importance of reconsidering human values, especially the cultural and religious ones in order for the society to deal with permanent changes and pressures to which it is submitted.

Keywords: globalization; crisis; new world order; surveillance practices; responsibility. (search for similar items in EconPapers)
JEL-codes: F02 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xi:y:2011:i:9:p:92-95

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