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The American Mortgage Crisis Implications on the international economics evolutions

Author

Listed:
  • Costel NISTOR

    (Dunarea de Jos University of Galati, Romania)

  • Paolo PANICO

    (Padova University, Italy)

  • Rozalia NISTOR
  • Mihaela-Carmen MUNTEAN

    (Dunarea de Jos University of Galati, Romania)

Abstract

Shock waves that produce large cracks deepen existing political, economic and social, and sometimes a new order replaces the old. In 2010, states across the world over blast, which invariably will lead to changing the current world order. Last twenty years have seen major changes in international economic context, the Soviet Union collapsed and centralized economies in Eastern Europe, reforms in China and India, export-based growth strategies in East Asia, all leading to the creation of a world economy market and also bringing 4 to 5 billion people.

Suggested Citation

  • Costel NISTOR & Paolo PANICO & Rozalia NISTOR & Mihaela-Carmen MUNTEAN, 2010. "The American Mortgage Crisis Implications on the international economics evolutions," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 299-310.
    • Handle: RePEc:ddj:fseeai:y:2010:i:1:p:299-310
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    File URL: http://www.ann.ugal.ro/eco/Doc2010/Nistor_Panico_Nistor_Muntean.pdf
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    References listed on IDEAS

    as
    1. Colin Read, 2009. "Global Financial Meltdown," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-59518-7, December.
    2. Maurice Obstfeld, 2009. "International Finance and Growth in Developing Countries: What Have We Learned?," NBER Working Papers 14691, National Bureau of Economic Research, Inc.
    3. International Monetary Fund, 2009. "Fiscal Implications of the Global Economic and Financial Crisis," IMF Occasional Papers 2009/002, International Monetary Fund.
    4. Maurice Obstfeld, 2009. "International Finance and Growth in Developing Countries: What Have We Learned?," IMF Staff Papers, Palgrave Macmillan, vol. 56(1), pages 63-111, April.
    5. International Monetary Fund, 2009. "Fiscal Implications of the Global Economic and Financial Crisis," IMF Staff Position Notes 2009/013, International Monetary Fund.
    6. International Monetary Fund, 2009. "Fiscal Implications of the Global Economic and Financial Crisis," IMF Staff Position Notes 2009/13, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    mortgage crisis; financial crisis; stock market; bank loans; international trade;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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