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As markets are organized and influenced at present, the market estimation of the marginal efficiency of capital may suffer such enormously wide fluctuations that the offset cannot be sufficiently only by adjusting to the fluctuations of the interest rates. As long as injections of cash work by reducing interest rates, they cannot be taken as a reliable solution. According to Keynes, the duty of ordering the current volume of investment cannot safely be left in private hands. On the other hand, it does not imply that Keynes thought booms and slumps could be prevented merely by pulling fiscal and monetary policy levers.
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It is clear that the 21st century is an age of risk. It is a time when the interconnection of all things is manifest in human affairs, and volatility has amplified beyond control, leaving organizations and individuals searching for new ways to understand, manage, mitigate and respond to a variety of global risks. The article emphasises a few global risks and related opportunities generated by the economic crisis. Decision makers must find new forms of cooperation to actively rebalance risks and opportunities to secure a more stable and sustainable long-term future. The new reality is manifested through global power shifts, economic uncertainty, resource scarcity, institutional weakness. The international community tries to provide a common platform for the discussion of relevant risk areas and catalysing new opportunities for a coherent risk response.
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Managing the European Unions external relations is a dynamic process, because the European Union defines its own foreign policy, it must also take into account external factors. These factors relate to economic interdependence increasingly more produced by the combined effects of a wave of liberalization of markets worldwide, the global communications revolution and accelerating technological progress. European Union needs to update the priorities in the context of international competition from increasingly powerful, cross-border investment flows of increasingly higher. Conscious of its global economic and trade, the European Union uses its power for personal interests and the interests of others. The European Union promotes prosperity and supports democratic values around the world, while it helps to consolidate stability and welfare for the citizens within its borders. Integrating new countries into the European Union strengthens its role on the international scene. The European Union is the world's largest trading partner, but at the same time, is the largest provider of aid to developing countries. Community has created a common foreign and security practice, with the ability to perform missions of crisis management and peacekeeping in Europe and worldwide. In today's complex, the European Unions have added new tools to the traditional instruments of foreign policy. This implies that global problems require global solutions.
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The fortune of the man is a tragic one, according to Le Clézio; the man is a prisoner of the material world, subjected to the historic time in which it is thrown, to the fate of his existence. Tayar, a young man comparable to the other in-adaptable young people in the world, is running out the threatening space of the city. But, when he wants to escape the town, he gets the emptiness of space, the nothingness. The topographic space which we analyze by linguistic means is a metaphor of the leak toward the freedom. The horizon is the non-attended limit where begins the perspective of "the other side", unbridgeable, which translates the effort of the men to exceed their finitude and at the same time the impossibility to go beyond this border, accessible only by the death.
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Globalization of the economy from the standpoint of economic theory is a step in the development of socialization of production - the historical process that begins with the formation of the social division of labor in individual countries, and then goes beyond national borders. The emergence of the international division of labor and complementing its international production specialization and cooperation are the stages of the globalization of production, objectively predetermines the appearance of global products and global reproduction ratios. The present level of international division of labor has led to a situation in a world that virtually no country, economic activity which would have been isolated from the outside world and economic processes locked within the nation state. Foreign trade of a relatively isolated economy to compensate for the lack of certain types of resources and products has turned into a universal element of economic life. It is not seldom has an impact on all key processes, including long-term growth, the acceleration of technological development, increasing economic efficiency. Foreign trade of the Republic of Moldova is of great importance and directly affects the economic development of the country, reflecting the dependence of the state's economy on external factors, that is, the degree of involvement in the process of globalization.
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