Risk in Market Economy – Between Theoretical Approaches and Reality Cover Image

Risk in Market Economy – Between Theoretical Approaches and Reality
Risk in Market Economy – Between Theoretical Approaches and Reality

Author(s): Silviu Crişan
Subject(s): Supranational / Global Economy, Business Economy / Management, Economic development
Published by: EDITURA ASE
Keywords: change; performance; risk; decision; crisis;

Summary/Abstract: In a world where changes are numerous, frequent and large, genuine values come out and live on only through the achievement of the socio-economic development sustainable materially, financially, informational and human , a development that was meant to aim at not only the present, but also the future. This can be possible if at any organization, including the State, besides a good knowledge of the theoretical aspects of the laws of operation and specificity of expression of the market economy, where the risk has its share of importance , there should exist the necessary realistic and professional approach to the periods in which economic, financial or social slippage might occur. Being in a situation of economic and financial crisis, Romania, even under conditions involving international bodies, so commonly possible by joining the European Union, has not yet found the most effective ways to overcome a crisis that is still in an acute phase.

  • Issue Year: 10/2009
  • Issue No: S1
  • Page Range: 623-627
  • Page Count: 5
  • Language: English