A Financial Instability’s Theory in the Global Economy

Ionescu Gr. Ion ()
Additional contact information
Ionescu Gr. Ion: “Dimitrie Cantemir” Christian University Faculty of Management in Tourism and Commerce

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 61-64

Abstract: Financial instability is a phenomenon which disconcerts business environments , in general, and banking-financial business environments, in particular. The generalization which acts in a evaluated capitalist system, in the phase of market determination, represents a factor which potentiates the financial crises, daring at any time to cause the big disintegration. The financial instability is determined by a mechanism which influences it and sends disturbing factors, thus: the increasing of those incertitude, the competition could determine the companies not to found provisions for unpredicted risks, the lack of strategy on long term, the competition of capital on the market. The continuance of the global market development, of the intertrade, in general and of the international intertrade, in particular, has slowly conducted, but surely, to some mutations in the economical plan being detected the disappearance of many small businesses and of the low range companies, but without increasing noticeably the markets. Making an analysis of the money market, it turns out that international integration “is less conceived by the very specialized or capitalistic companies, the expansion at global scale puts spurs to the multinational companies to accelerate the concentration with the purpose of reducing the fixed expenditures [1]

Keywords: financial instability; global economy; financial market; financial flood (search for similar items in EconPapers)
JEL-codes: F15 G15 (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2012p1.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:ovi:oviste:v:xii:y:2012:i:12:p:61-64

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().