IDEAS home Printed from https://ideas.repec.org/a/agr/journl/vxxy2013i2(579)p69-80.html
   My bibliography  Save this article

A review of the economic crisis: solutions and failures in the European Union

Author

Listed:
  • Marius-Cristian PANĂ

    (Bucharest University of Economic Studies)

Abstract

Welfare-state European model has been profoundly affected by the economic crisis. In this context, most of the EU member states decided to respond by undertaking short run policy measures. Government spending has been extended in order to create new jobs and to stimulate economic recovery. The fact that the EU member states are still facing the crisis suggests that the policies implemented were inefficient. Moreover, EU officials seem trapped in a vicious circle dominated by the crisis growing effects and their own commitments to bring back economic recovery. This study emphasizes the policy measures’ inconsistencies and, as a consequence, the failure of economic recovery initiatives.

Suggested Citation

  • Marius-Cristian PANĂ, 2013. "A review of the economic crisis: solutions and failures in the European Union," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(2(579)), pages 69-80, February.
  • Handle: RePEc:agr:journl:v:xx:y:2013:i:2(579):p:69-80
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/articole/829.pdf
    Download Restriction: no

    File URL: http://www.ectap.ro/articol.php?id=829&rid=95
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vladimir PLOTNIKOV & Gilan FEDOTOVA & Elena POPKOVA & Angelina KASTYURINA, 2015. "Harmonization of Strategic Planning Indicators of Territories’ Socioeconomic Growth," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 15(2), pages 105-114.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:xx:y:2013:i:2(579):p:69-80. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marin Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.