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The Lessons of the Financial System Crisis and the Intervention of the State Authorities in Order to Provide the Fundamental Purpose of the Society

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  • Cristian DUMITRESCU

    (PhD. Lecturer, Hyperion University, Bucharest)

Abstract

The role of the state as the main institution which provides the organizational and political steer of the society is ensured by certain functions, such as: legislative, juridical, organizational, economical, social, educational-cultural, ecological, country defensive, organizational - for the collaboration with other states, and last, but not the least, the state has an administrative function, by which provides services to the population in order to ensure the normal flow for activities such as: energy, transport, sanitation . In order to exist, the state must meet three indispensable elements: territory, population and Government, which means that the state is defined as a human collectivity, permanently set on a certain territory and having a structure of sovereign institutions. The international crisis, economical and administrative, is the main turning for the human civilization and for the state-nation in this new era, towards which head all the hopes for finding a viable solution. The actual economic crisis underlined the global dimension of the financial markets which made that all the problems that occurred in USA, passed immediately to Asia, Europe and South America.

Suggested Citation

  • Cristian DUMITRESCU, 2012. "The Lessons of the Financial System Crisis and the Intervention of the State Authorities in Order to Provide the Fundamental Purpose of the Society," Jurnalul de Studii Juridice, Editura Lumen, Department of Economics on Behalf of Petre Andrei University Iasi, vol. 1(3), pages 163-169, July.
  • Handle: RePEc:lum:rev4rl:v:1-2:y:2012:i:3:p:163-169
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    Keywords

    the preciput clause; marriage; matrimonial agreement; devolution; testamentary devolution.;
    All these keywords.

    JEL classification:

    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate

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