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The New and the Future Look of the Economy

Author

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  • Liliana CRĂCIUN

    (Bucharest Academy of Economic Studies)

Abstract

The global financial situation and our future economy remain vital concerns for us all. As a result, the government and the business community have to stimulate the economy and give it new dimensions. Virtually everyone agrees on the importance of the economy, but no consensus has or is expected to be reached soon as to the definition of the economy. Economy as a “discipline”' is a concept torn apart by current economic crisis, where fierce competition, greed and consumerism will neither solve the crisis in progress nor will they rehabilitate the economy. It is true that the current economic crisis and the times of slower economic growth that will inevitably follow are old system-related symptoms of the excesses and the recklessness accumulated in time at global level, for which reason we see ourselves forced now to reconsider the options that are lay ahead and outline a clear future perspective.

Suggested Citation

  • Liliana CRĂCIUN, 2012. "The New and the Future Look of the Economy," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(566)), pages 77-84, January.
  • Handle: RePEc:agr:journl:v:1(566):y:2012:i:1(566):p:77-84
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