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New And Past Crises: Resemblances And Dissimilarities


  • Livia Ilie

    (Lucian Blaga University of Sibiu, Faculty of Economic Sciences)

  • Alexandra Horobet

    (Academy of Economic Studies, Bucharest, Romania)


Economic crises are a recent research topic in modern economics. However, one may address the crisis in different contexts and in different time and historic moments. We review below the most important crises that humankind had faced in the past century, aiming at discovering similarities with the current financial crisis, which may help in formulating the appropriate measures and policies for preventing future major financial turbulences.

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  • Livia Ilie & Alexandra Horobet, 2009. "New And Past Crises: Resemblances And Dissimilarities," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 47(4-5), pages 47-55.
  • Handle: RePEc:blg:reveco:v:47:y:2009:i:4-5:p:47-55

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    References listed on IDEAS

    1. P. M. Bentler & Chih-Ping Chou, 1987. "Practical Issues in Structural Modeling," Sociological Methods & Research, , vol. 16(1), pages 78-117, August.
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    financial crisis; capital markets;


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