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New And Past Crises: Resemblances And Dissimilarities

Author

Listed:
  • Livia Ilie

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

  • Alexandra Horobet

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

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.

Suggested Citation

  • 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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    Keywords

    financial crisis; capital markets;

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