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The Crises Under The Globalization Of The World Economy

Author

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  • Ion Botescu

    (Ovidius University of Constanza)

Abstract

The large number of crisis which have appeared after 1980, respectively during the accentuation of globalisation and the cyclicality with which these manifest themselves is not a novelty. In the context of the globalisation of economic relationship, when through a large economic opening the countries become more and more dependent on exports to foreign partners, the become more vulnerable they become to crises which appear in the different areas of the globe. Taking into account the very powerful impact which is generated by the apparition of a crisis, both governments and certain institutions should follow the evolution of the specialty economic indicators and implement the actions which aim to diminish the impact of crises

Suggested Citation

  • Ion Botescu, 2015. "The Crises Under The Globalization Of The World Economy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 7-12, May.
    • Handle: RePEc:ovi:oviste:v:xv:y:2015:i:2:p:7-12
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    More about this item

    Keywords

    global crisis; contagiousness of crises; macroeconomic stability; sustainable development; trust;
    All these keywords.

    JEL classification:

    • F6 - International Economics - - Economic Impacts of Globalization

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