Reflections on the Economic Prospects

Cristian - Marian Barbu ()
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Cristian - Marian Barbu: Department of Management-Marketing, „ARTIFEX” University, Bucharest, Romania

Ovidius University Annals, Economic Sciences Series, 2016, vol. XVI, issue 1, 137-142

Abstract: This article emphasizes the fact that we are living exceptional times, because some data regarding the global economy puzzle us. A question arises more and more amidst analysts, business environment and leaders of national economies or economic entities: 2016 is the beginning of a new economic and financial crisis? More and more voices reply that a new crisis is likely to happen. These voices are frequent in Europe, also in the USA, while in China some phenomena signal a new crisis. Other voices claim this is only turbulence and we cannot speak (yet) about a global crisis, and turbulence is the new normality. From another perspective, they see it as a prolongation of the 2007-2008 crisis. Others claim it is a prolonged recession.

Keywords: raw materials cycle; turbulences; social inequality; poverty; recession risk J (search for similar items in EconPapers)
JEL-codes: A10 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xvi:y:2016:i:1:p:137-142

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