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The Economic Crises of the Last Two Decades - Ignored Warnings

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  • Gina Ioan

    ()
    (Danubius University of Galati, Department of Economics)

Abstract

Analyzing the evolution of emerging economies, with their openness to foreign investments and increasing country risk, there is in the same time a high degree of international spread of crises. Unsustainable macroeconomic policies, the fragile financial system and disorderly capital account liberalization are factors that have contributed to facilitate rapid propagation of crisis on these economies through various channels.

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File URL: http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/1296/1151
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Bibliographic Info

Article provided by Danubius University of Galati in its journal Euroeconomica.

Volume (Year): (2012)
Issue (Month): 2(31) (May)
Pages: 23-29

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Handle: RePEc:dug:journl:y:2012:i:2:p:23-29

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Web page: http://www.euroeconomica-danubius.ro/
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Keywords: crises; contagion; financial system; trade;

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