SHORT AND MEDIUM TERM OUTLOOK OF THE WORLD ECONOMY

Octavian-Liviu Olaru, Constanţa-Aurelia Chiţiba and Livia-Irina Olaru
Additional contact information
Octavian-Liviu Olaru: Faculty for International Economic Relations Christian University „Dimitrie Cantemir”, Bucharest
Constanţa-Aurelia Chiţiba: Relations Christian University „Dimitrie Cantemir”, Bucharest
Livia-Irina Olaru: Relations Christian University „Dimitrie Cantemir”, Bucharest

Annals of Spiru Haret University, Economic Series, 2010, vol. 1, issue 1, 169-174

Abstract: In keeping with the January 2010 IMF prognoses, world output is expected to rise this year by 4 per cent in comparison with the 2009 level. This represents an upward revision of ¾ per centage point from the October 2009 World Economic Outlook.

In 2011, world economy growth is projected to reach a level of 4.3 per cent.,p> Reform of financial market supervision and regulation is clearly necessary to build a more resilient financial system. Here, the efforts need to focus on identifying the market imperfections that gave rise to the incentives for excess risk taking and high leverage, as well as the regulatory failures that together caused this unprecedented global financial crisis.

Keywords: world economy; recession; recovery; stimulus measures (search for similar items in EconPapers)
JEL-codes: M16 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.manecognitiva.ro/jurnals/spiru-haret-ec ... ru-chitiba-olaru.pdf Full text (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:ris:sphecs:0041

Access Statistics for this article

Annals of Spiru Haret University, Economic Series is currently edited by Elena Gurgu and Constantin Mecu

More articles in Annals of Spiru Haret University, Economic Series from Universitatea Spiru Haret no. 13 Street Ion Ghica, Quarter 3, Bucharest, Cod postal: 030045, tel: (004021) 455.1000; 314.00.75; 314.00.76, fax: (004021) 314.39.08, e-mail: info@spiruharet.ro. Contact information at EDIRC.
Bibliographic data for series maintained by Aurelian A BONDREA () and Constantin Mecu ( this e-mail address is bad, please contact ).