The American mortgage crisis implications on the international economics evolutions

Costel Nistor (), Paolo Panico, Rozalia Nistor and Mihaela Muntean ()

MPRA Paper from University Library of Munich, Germany

Abstract: Shock waves that produce large cracks deepen existing political, economic and social, and sometimes a new order replaces the old. In 2010, states across the world over blast, which invariably will lead to changing the current world order. Last twenty years have seen major changes in international economic context, the Soviet Union collapsed and centralized economies in Eastern Europe, reforms in China and India, export-based growth strategies in East Asia, all leading to the creation of a world economy market and also bringing 4 to 5 billion people.

Keywords: mortgage crisis; financial crisis; stock market; bank loans; international trade (search for similar items in EconPapers)
JEL-codes: E44 E63 F21 G15 (search for similar items in EconPapers)
Date: 2010, Revised 2010
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Published in The Annals of “Dunarea de Jos” University of Galati Fascicle I – 2010. Economics and Applied Informatics. Years XVI – no 1 - ISSN 1584-0409 (2010): pp. 299-310

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Journal Article: The American Mortgage Crisis Implications on the international economics evolutions (2010)
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