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THE CONSEQUENCES OF THE FINANCIAL CRISIS UPON EMERGING AND DEVELOPPING COUNTRIES

Marilena Ciobanasu (), Rodica Gherghina () and Anca Mirela Postole ()
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Marilena Ciobanasu: Universitatea Titu Maiorescu Bucuresti
Rodica Gherghina: Academy of Economic Studies
Anca Mirela Postole: Universitatea Titu Maiorescu Bucuresti

Proceedings of Administration and Public Management International Conference, 2010, vol. 6, issue 1, 226-235

Abstract: The authors of the research analyze the impact and the effects of the financial crisis upon the emerging and developing countries. Moreover, the impact of the international economic crisis upon the new member states of the European Union has proved to be more severe than it had been anticipated a few months before, and its effects appeared immediately. Also, the study shows how important it is for the developing countries to take immediate, decided and systematic measures, to be ready for future events, in order to reduce the recession risks. A correct management of the crisis besides prevention policies and strategies also involves management methods corresponding to the type of crisis.

Keywords: drinking public; effects; crisis; measures; emerging. (search for similar items in EconPapers)
Date: 2010
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