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The American Mortgage Crisis Implications on the international economics evolutions

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  • Costel NISTOR

    ()
    (Dunarea de Jos University of Galati, Romania)

  • Paolo PANICO

    (Padova University, Italy)

  • Rozalia NISTOR

    ()

  • Mihaela-Carmen MUNTEAN

    ()
    (Dunarea de Jos University of Galati, Romania)

Abstract

Shock waves that produce large cracks deepen existing political, economic and social, and sometimes a new order replaces the old. In 2010, states across the world over blast, which invariably will lead to changing the current world order. Last twenty years have seen major changes in international economic context, the Soviet Union collapsed and centralized economies in Eastern Europe, reforms in China and India, export-based growth strategies in East Asia, all leading to the creation of a world economy market and also bringing 4 to 5 billion people.

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Bibliographic Info

Article provided by "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration in its journal Economics and Applied Informatics.

Volume (Year): (2010)
Issue (Month): 1 ()
Pages: 299-310

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Handle: RePEc:ddj:fseeai:y:2010:i:1:p:299-310

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Keywords: mortgage crisis; financial crisis; stock market; bank loans; international trade;

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  1. Maurice Obstfeld, 2009. "International Finance and Growth in Developing Countries: What Have We Learned?," IMF Staff Papers, Palgrave Macmillan, vol. 56(1), pages 63-111, April.
  2. Maurice Obstfeld, 2009. "International Finance and Growth in Developing Countries: What Have We Learned?," NBER Working Papers 14691, National Bureau of Economic Research, Inc.
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