FROM THE WORLD CRISIS TO RECOVERY

Alexandru Sălceanu
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Alexandru Sălceanu: Universitatea Petrol-Gaze

Romanian Economic Business Review, 2009, vol. 4, issue 3, 17-24

Abstract: After more than 50 years of economic growth, we are witnessing a world economic crisis generated by a multitude of economic, political, social and other factors. Banks have contributed to the starting of this crisis, especially by making some speculative investments with a high level of risk, as a result of the sub-regulated financial system in which they carry out their activity. It is possible to get out of this crisis by applying a reformation of the way in which the financial sector in regulated and monitored.

Keywords: financial market; economic growth; new regulations; interest rate; reimbursement risk; credit expansion; inflation policy; sub-regulated financial system; monetary excess; monetary relaxation; toxic financial products (search for similar items in EconPapers)
Date: 2009
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