RECONCEPTUALIZATION TENDENCIES OF INTERNATIONAL FINANCIAL SECURITY SYSTEM, BETWEEN CONCRETENESS AND PALLIATIVE Cover Image
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TENDINŢE DE RECONCEPTUALIZARE A SISTEMULUI DE SECURITATE FINANCIARĂ INTERNAŢIONALĂ, ÎNTRE CONCRETEŢE ŞI PALEATIVE
RECONCEPTUALIZATION TENDENCIES OF INTERNATIONAL FINANCIAL SECURITY SYSTEM, BETWEEN CONCRETENESS AND PALLIATIVE

Author(s): Gheorghe Mihail
Subject(s): Politics / Political Sciences
Published by: Editura Universitatii LUCIAN BLAGA din Sibiu
Keywords: Financial crisis; polarized world; aranjament swap; economic depression; euro-crisis

Summary/Abstract: Shaken and stirred up by the chaos in the global financial system, came to the masses, business circles and political environment, through the very mechanisms of globalization, international economy topicality quickly swept the world, making globalization work itself, after the initial outbreak in the United States in 2007. The drastic reduction of prestige and credibility drastic reduction in economic and financial United States and Western Europe and the decrease of their suppliers of private capital for the world is the result of registration huge budget deficits and the deterioration of financial institutions. The article refers to the loss of infallibility of the American capitalist economic model wich was considered for a long time most able to create economic progress and prosperity under the perverse effects of the financial crash of 2007-2008. The government of the United States and Western European countries are desperately trying to give help to averted bankruptcy banks and insurance funds through the nationalization of an important part of the domestic financial system.

  • Issue Year: 2015
  • Issue No: 1
  • Page Range: 151-159
  • Page Count: 9
  • Language: Romanian
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