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American Depression Impact on Economical Relations between European Union and United States of America


  • Mihaela NECULITA


  • Daniela SARPE

    () (Dunarea de Jos University of Galati, Romania)


The world economic crisis is a system crisis that has deep implications on country groups. For the developed countries the crisis means the diminishing of the economic increase rhythm, reduction of new work places creation, unemployment increase, deepening of social tensions and a diminishing of the work productivity increase. Moreover there can be noticed a sustained pressure over the social assistance and protection, over the living level increase and of the antisocial phenomena increase. On the other hand there is a counter-pressure form these countries to maintain certain advantages they have due to the integration policies, advantages that were brought about by the international work division, by the international economic relations based on the comparative cost theory, intensification of armament production and of technical progress of the world finances.

Suggested Citation

  • Mihaela NECULITA & Daniela SARPE, 2010. "American Depression Impact on Economical Relations between European Union and United States of America," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 153-160.
  • Handle: RePEc:ddj:fseeai:y:2010:i:1:p:153-160

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    References listed on IDEAS

    1. Hatemi-J, Abdulnasser & Irandoust, Manuchehr, 2002. "On the Causality between Exchange Rates and Stock Prices: A Note," Bulletin of Economic Research, Wiley Blackwell, vol. 54(2), pages 197-203, April.
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    Cited by:

    1. Kiyohiro YAMAZAKI & Alexandru CAPATINAI & Rym BOUZAABIA & Ipek KOCOGLU, 2012. "Cross-Cultural Issues Related to Open Innovation in High-Tech Companies from Japan, Romania, Tunisia and Turkey," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 13(4), pages 561-573, October.


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