The Economic Crises of the Last Two Decades - Ignored Warnings Cover Image

The Economic Crises of the Last Two Decades - Ignored Warnings
The Economic Crises of the Last Two Decades - Ignored Warnings

Author(s): Gina Ioan
Subject(s): Economy
Published by: Editura Universitară Danubius
Keywords: crises; contagion; financial system; trade

Summary/Abstract: Analyzing the evolution of emerging economies, with their openness to foreign investments and increasing country risk, there is in the same time a high degree of international spread of crises. Unsustainable macroeconomic policies, the fragile financial system and disorderly capital account liberalization are factors that have contributed to facilitate rapid propagation of crisis on these economies through various channels.

  • Issue Year: 31/2012
  • Issue No: 02
  • Page Range: 23-29
  • Page Count: 7
  • Language: English