ECONOMIC SECURITY AND GLOBAL ECONOMICAL AND FINANCIAL CRISIS CHALLENGES
ECONOMIC SECURITY AND GLOBAL ECONOMICAL AND FINANCIAL CRISIS CHALLENGES

Summary/Abstract: For a lot of people, the current economical crisis has come like an arrow from above. Yet, it is from the 1970s when the experts had started giving warnings that the global economy was heading for a huge crisis. It was in 1960s when the western countries concluded that oil drilling, mining exploitation and placing oil drillings in different areas (which have undoubtedly been polluted) are too high a price for mass production. A handful of industrialists, along with politicians and scientists who had enough funds to perform studies and apply computerized tests which could virtually reveal the economical disasters that we are currently facing, were able to set up the Rome Club and their first report - “The limits to growth” has shocked authorities and media institutions all over the world. The report is basically focused on studies over five global processes: too fast industrialization, raising the consumer products stocks, ending the non-recycling resources and the environment degradation. Our analysis, focused on present day sober realities, tries to give introspection within the correlation between the current global economical-financial crisis and the economical security.

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