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New paradigms imposed by the global financial crisis

Author

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  • Ioana Andrada MOLDOVAN (GAVRIL)

    (Bucharest University of Economic Studies, Romania)

Abstract

The global financial crisis that erupted in 2008 was a welter of complex phenomena, some of them unprecedented. The amplitude of the crisis and its impact on the real economy caused major unprecedented problems in public finance. Therefore, the confidence in government`s ability of management and financing was weakened, especially in the European countries. The paper analyzes several paradigm shifts imposed by the negative effects of the crisis felt both in the financial system and in the real economy.

Suggested Citation

  • Ioana Andrada MOLDOVAN (GAVRIL), 2015. "New paradigms imposed by the global financial crisis," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(2(603), S), pages 265-274, Summer.
    • Handle: RePEc:agr:journl:v:xxii:y:2015:i:2(603):p:265-274
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    References listed on IDEAS

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    1. Svensson, Lars E.O., 2010. "Inflation Targeting," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 22, pages 1237-1302, Elsevier.
    2. Ioana MOLDOVAN & Raluca Andreea POPA, 2012. "Challenges of the Economic Science During the Crisis," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(569)), pages 167-176, April.
    3. Dumitru Alexandru Bodislav & Luoana Florentina Pascu & Bogdan Pascu, 2015. "The Future of Economic Policy Making: A Functional and Social Exploratory Perspective," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 5(2), pages 107-113, February.
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