NATURA CRIZEI FINANCIARE ŞI ECONOMICE 2007-2010

Georgiana Chitiga

No 2009/204, Papers from Osterreichish-Rumanischer Akademischer Verein

Abstract: The causal structure of the present financial and economic crisis leads us to a revisiting of the economic cyclicity, especially concerning the temporal dimension of the economic cycle. In this end, the authors analyze the nature of the above mentioned crisis, from some point of views. As a result, some crucial directions of action are established as follows: the external channels of transmission of the crisis, the channels of transmission of the financial crisis into the economic crisis, the “optimal” order of the anti-crisis measures. Some possible adverse effects are pointed out in order to prevent any undesirable consequences of the governmental intervention against the crisis effects.

Keywords: crisis; economic crisis; anti-crisis measures (search for similar items in EconPapers)
JEL-codes: A11 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2010-05-05
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Persistent link: https://EconPapers.repec.org/RePEc:ris:sphedp:2009_204

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