From The World Crisis To Recovery
AbstractAfter 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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Bibliographic InfoArticle provided by Romanian-American University in its journal Romanian Economic and Business Review.
Volume (Year): 4 (2009)
Issue (Month): 3 (September)
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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