Risk Management during the Financial Crisis

Sorin Cristian Nita
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Sorin Cristian Nita: The Bucharest University of Economic Studies

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2019, vol. 20, issue 1, 100-105

Abstract: The 2008 financial crisis has made a lot of waves in both the political and economic environment. Actors on both scenes have argued on the reasons for which the financial crisis has started. The crisis was not generated by one, but my a multitude of factors, one of them being excessive risk taking behaviour exhibited by the managers in order to obtain short term profits. This behaviour was actually encouraged by various factors which will be discussed during in this working paper together with an analysis of the phenomenon that generated the financial crisis which spread panic in the financial sector.

Keywords: GDP; Financial Crisis; Risk management; Fiscal Policy; Monetary Policy. (search for similar items in EconPapers)
JEL-codes: E31 E32 E40 E60 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:20:y:2019:i:1:p:100-105

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