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Crisis – Achilles’ heel

Author

Listed:
  • Bicãjanu Vasile

    (The Bucharest Academy of Economic Studies)

  • Popescu (Spârchez) Nicoleta

    (The Bucharest Academy of Economic Studies)

Abstract

The world is in a state of uncertainty; it may be an economic, social, political, moral, military, cultural, religious crisis… The international entities such as the International Monetary Fund, the European Financial Stability Facility, United Nations Organization, etc. collaborate for enforcing anti-crisis measures and Greece tries to pull out the arrow from Achilles’ heel. The ethics and economics principles sometimes seem insufficient for more flowers than weeds to grow in a planetary garden. In this context, this study emphasizes the importance of reconsidering human values, especially the cultural and religious ones in order for the society to deal with permanent changes and pressures to which it is submitted.

Suggested Citation

  • Bicãjanu Vasile & Popescu (Spârchez) Nicoleta, 2011. "Crisis – Achilles’ heel," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 92-95, May.
    • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:92-95
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    More about this item

    Keywords

    globalization; crisis; new world order; surveillance practices; responsibility.;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration

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