IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2017v4p256-264.html

The Effects Of The Economic Crisis On European Financial Integration And Economic Growth

Author

Listed:
  • OPREA OTILIA-ROXANA

    (АLЕXАNDRU IOАN CUZА UNIVERSITY OF IАSI, DEPARTMENT OF FINANCE, MONEY AND PUBLIC ADMINISTRATION)

Abstract

The process of European financial integration 2009-2010, amid the economic and financial crisis, the main reason for the decline being the protectionist measures implemented in some countries. The idea of research is to explore the relationship between European financial integration and economic growth in the countries of the European Union under the impact of the crisis. The purpose of this study is to analyze how the financial integration process has positively or negatively influenced economic growth under the impact of the economic crisis by analyzing previous studies on the subject. We noticed that the process of financial integration and economic growth under the influence of the crisis was discussed in many studies in the literature, most of them using different techniques and methodologies to quantify these phenomena by means of indicators be estimated.

Suggested Citation

  • Oprea Otilia-Roxana, 2017. "The Effects Of The Economic Crisis On European Financial Integration And Economic Growth," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 256-264, August.
    • Handle: RePEc:cbu:jrnlec:y:2017:v:4:p:256-264
    as

    Download full text from publisher

    File URL: http://www.utgjiu.ro/revista/ec/pdf/2017-04/34_Oprea.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Oecd, 2008. "RFID Applications, Impacts and Country Initiatives," OECD Digital Economy Papers 144, OECD Publishing.
    2. N/A, 2008. "The impact of the financial crisis on the Euro Area," National Institute Economic Review, National Institute of Economic and Social Research, vol. 206(1), pages 90-100, October.
    3. James Crotty, 2009. "Structural causes of the global financial crisis: a critical assessment of the 'new financial architecture'," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 33(4), pages 563-580, July.
    4. Joshua Aizenman & Yothin Jinjarak & Donghyun Park, 2013. "Capital Flows and Economic Growth in the Era of Financial Integration and Crisis, 1990–2010," Open Economies Review, Springer, vol. 24(3), pages 371-396, July.
    5. Vennemo, Haakon & Aunan, Kristin & He, Jianwu & Hu, Tao & Li, Shantong & Rypdal, Kristin, 2008. "Erratum to "Environmental impacts of China's WTO-accession [Ecological Economics 64 (2008) 893-911]," Ecological Economics, Elsevier, vol. 66(4), pages 712-712, July.
    6. Aloui, Riadh & Aïssa, Mohamed Safouane Ben & Nguyen, Duc Khuong, 2011. "Global financial crisis, extreme interdependences, and contagion effects: The role of economic structure?," Journal of Banking & Finance, Elsevier, vol. 35(1), pages 130-141, January.
    7. Furceri, Davide & Mourougane, Annabelle, 2012. "The effect of financial crises on potential output: New empirical evidence from OECD countries," Journal of Macroeconomics, Elsevier, vol. 34(3), pages 822-832.
    8. Oecd, 2008. "Measuring the Impacts of ICT Using Official Statistics," OECD Digital Economy Papers 136, OECD Publishing.
    9. Ilene Grabel, 2003. "Averting crisis? Assessing measures to manage financial integration in emerging economies," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 27(3), pages 317-336, May.
    10. Dabrowski, Marek, 2010. "The global financial crisis: Lessons for European integration," Economic Systems, Elsevier, vol. 34(1), pages 38-54, March.
    11. Minqiang Li, 2008. "The impact of return nonnormality on exchange options," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 28(9), pages 845-870, September.
    12. repec:bla:jcmkts:v:47:y:2009:i::p:939-953 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Karine Constant & Natacha Raffin, 2016. "Environnement, croissance et inégalités : le rôle particulier du canal de la santé," Revue française d'économie, Presses de Sciences-Po, vol. 0(3), pages 9-29.
    2. Laura Raynolds, 2014. "Fairtrade, certification, and labor: global and local tensions in improving conditions for agricultural workers," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 31(3), pages 499-511, September.
    3. Bello, Jaliyyah & Guo, Jiaqi & Newaz, Mohammad Khaleq, 2022. "Financial contagion effects of major crises in African stock markets," International Review of Financial Analysis, Elsevier, vol. 82(C).
    4. Noureddine BENLAGHA & Slim MSEDDI, 2016. "The Macroeconomic And Financial Impacts Of European Crisis On Saudi Arabia," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 16(1).
    5. Kevin Gallagher, 2012. "The Myth of Financial Protectionism: The New (and old) Economics of Capital Controls," Working Papers wp278, Political Economy Research Institute, University of Massachusetts at Amherst.
    6. Daly, Kevin & Batten, Jonathan A. & Mishra, Anil V. & Choudhury, Tonmoy, 2019. "Contagion risk in global banking sector," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 63(C).
    7. Anna Milford, 2014. "Co-operative or coyote? Producers’ choice between intermediary purchasers and Fairtrade and organic co-operatives in Chiapas," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 31(4), pages 577-591, December.
    8. Arjun Jayadev & J. W. Mason, 2023. "“If Keynes Were Alive Today. . .†: Reflections on Jim Crotty," Review of Radical Political Economics, Union for Radical Political Economics, vol. 55(4), pages 692-700, December.
    9. Deepankar Basu & Ramaa Vasudevan, 2013. "Technology, distribution and the rate of profit in the US economy: understanding the current crisis," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 37(1), pages 57-89.
    10. Lyócsa, Štefan & Výrost, Tomáš & Baumöhl, Eduard, 2019. "Return spillovers around the globe: A network approach," Economic Modelling, Elsevier, vol. 77(C), pages 133-146.
    11. Jannsen, Nils & Wolters, Maik H., 2016. "Zu Produktionspotenzial und Produktionslücke in den Vereinigten Staaten," Kiel Insight 2016.2, Kiel Institute for the World Economy (IfW Kiel).
    12. repec:cmj:journl:y:2013:i:29:tuca is not listed on IDEAS
    13. Steinmueller, W. Edward, 2017. "Science fiction and innovation: A response," Research Policy, Elsevier, vol. 46(3), pages 550-553.
    14. repec:idn:journl:v:1:y:2019:i:sp4:p:1-16 is not listed on IDEAS
    15. Jose Arreola Hernandez & Shawkat Hammoudeh & Duc Khuong Nguyen & Mazin A. M. Al Janabi & Juan Carlos Reboredo, 2017. "Global financial crisis and dependence risk analysis of sector portfolios: a vine copula approach," Applied Economics, Taylor & Francis Journals, vol. 49(25), pages 2409-2427, May.
    16. Ben R. Martin, 2016. "Twenty challenges for innovation studies," Science and Public Policy, Oxford University Press, vol. 43(3), pages 432-450.
    17. Baah Aye Kusi & Lydia Adzobu & Alex Kwame Abasi & Kwadjo Ansah-Adu, 2020. "Sectoral Loan Portfolio Concentration and Bank Stability: Evidence from an Emerging Economy," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 19(1), pages 66-99, April.
    18. Daniel Marcel Te Kaat, 2021. "Cross‐Border Debt Flows and Credit Allocation: Firm‐Level Evidence from the Euro Area," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(7), pages 1797-1818, October.
    19. Michael Wosser, 2015. "The Determinants of Systemic Banking Crises A Regulatory Perspective," Economics Department Working Paper Series n265-15.pdf, Department of Economics, National University of Ireland - Maynooth.
    20. Slesman, Ly & Baharumshah, Ahmad Zubaidi & Azman-Saini, W.N.W., 2019. "Political institutions and finance-growth nexus in emerging markets and developing countries: A tale of one threshold," The Quarterly Review of Economics and Finance, Elsevier, vol. 72(C), pages 80-100.
    21. Philipp Harms & Pierre-Guillaume Méon, 2013. "The Growth Effects of Greenfield Investment and Mergers and Acquisitions: Econometric Investigation and Implication for MENA Countries," Working Papers 794, Economic Research Forum, revised Nov 2013.
    22. Furceri, Davide & Kilic Celik, Sinem & Jalles, João Tovar & Koloskova, Ksenia, 2021. "Recessions and total factor productivity: Evidence from sectoral data," Economic Modelling, Elsevier, vol. 94(C), pages 130-138.

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    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:cbu:jrnlec:y:2017:v:4:p:256-264. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Ecobici Nicolae The email address of this maintainer does not seem to be valid anymore. Please ask Ecobici Nicolae to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.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.