A Financial Instability’s Theory in the Global Economy
AbstractFinancial instability is a phenomenon which disconcerts business environments , in general, and banking-financial business environments, in particular. The generalization which acts in a evaluated capitalist system, in the phase of market determination, represents a factor which potentiates the financial crises, daring at any time to cause the big disintegration. The financial instability is determined by a mechanism which influences it and sends disturbing factors, thus: the increasing of those incertitude, the competition could determine the companies not to found provisions for unpredicted risks, the lack of strategy on long term, the competition of capital on the market. The continuance of the global market development, of the intertrade, in general and of the international intertrade, in particular, has slowly conducted, but surely, to some mutations in the economical plan being detected the disappearance of many small businesses and of the low range companies, but without increasing noticeably the markets. Making an analysis of the money market, it turns out that international integration “is less conceived by the very specialized or capitalistic companies, the expansion at global scale puts spurs to the multinational companies to accelerate the concentration with the purpose of reducing the fixed expenditures 
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Bibliographic InfoArticle provided by Ovidius University of Constantza, Faculty of Economic Sciences in its journal Ovidius University Annals, Economic Sciences Series.
Volume (Year): XII (2012)
Issue (Month): 1 (May)
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Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice
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financial instability; global economy; financial market; financial flood;
Find related papers by JEL classification:
- F15 - International Economics - - Trade - - - Economic Integration
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
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