The global economic and financial crisis and the contraction of contrasts Cover Image

Criza economico-financiară mondială şi reculul contrastelor
The global economic and financial crisis and the contraction of contrasts

Author(s): Mihai Ovidiu Cercel
Subject(s): Supranational / Global Economy, Economic development, Financial Markets
Published by: Editura Universitaria Craiova
Keywords: economic crisis; causes; effects; market; development; power;

Summary/Abstract: This article aims at highlighting several relevant aspects regarding the manifestations of the present world economy being in a severe decline, a financial and commercial disequilibrium which makes vulnerable the international relations construction and the balance of power. The crisis phenomenon is discussed distinctly for several countries affected and by taking into account the opinions of some of the most reputed economists nowadays.

  • Issue Year: 2009
  • Issue No: 24
  • Page Range: 44-46
  • Page Count: 3
  • Language: Romanian