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Sub - Prime Crisis. Aspects Regarding The Crisis Impact In South - East Europe

Author

Listed:
  • Daniel Manaţe

    (SIF Banat-Crisana, UAV Arad, România)

  • Ioan Cuzman

    (SIF Banat-Crisana, UVG Arad, România)

  • Pavel Fărcaş

    (SIF Banat-Crisana, UVG Arad, România)

  • Daniela Manaţe

    (ASE, FABIZ Bucureşti, România)

Abstract

The works presents aspects regarding the sub – prime crisis and the impact of the crisis upon The South – East Europe countries. The first part approaches the origins of the sub – prime crisis, the deteriorating of the balance sheets of the banks exposed to toxic assets and the globalization of the crisis. In the second part, we analyse relevant aspects of the crisis impact upon The South – East Europe countries. The conclusions refer to the fact that economies in this area were uncovered to the negative effects with a certain delay, but these effects, eventually were more obvious than in mature economies.

Suggested Citation

  • Daniel Manaţe & Ioan Cuzman & Pavel Fărcaş & Daniela Manaţe, 2009. "Sub - Prime Crisis. Aspects Regarding The Crisis Impact In South - East Europe," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 12(12(541)(s), pages 237-244, December.
    • Handle: RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:237-244
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