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From The World Crisis To Recovery

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  • Alexandru Sălceanu

    (Universitatea Petrol-Gaze)

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    Abstract

    After more than 50 years of economic growth, we are witnessing a world economic crisis generated by a multitude of economic, political, social and other factors. Banks have contributed to the starting of this crisis, especially by making some speculative investments with a high level of risk, as a result of the sub-regulated financial system in which they carry out their activity. It is possible to get out of this crisis by applying a reformation of the way in which the financial sector in regulated and monitored.

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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/FA09/REBE-FA09-A2.pdf
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    Bibliographic Info

    Article provided by Romanian-American University in its journal Romanian Economic and Business Review.

    Volume (Year): 4 (2009)
    Issue (Month): 3 (September)
    Pages: 17-24

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    Handle: RePEc:rau:journl:v:4:y:2009:i:3:p:17-24

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    Related research

    Keywords: financial market; economic growth; new regulations; interest rate; reimbursement risk; credit expansion; inflation policy; sub-regulated financial system; monetary excess; monetary relaxation; toxic financial products;

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