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The Issue of the Financial Regulations and the Crisis – Romanian Case

  • Isac BORS

    ()

    (The Bucharest Academy of Economic Studies, Romania)

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    The harmful effects, on medium and long term, the financial crisis manifests on the economy, requires a deep analysis on the specific phenomena, aiming to the diminishing or even the eliminating of the unwanted effects. This way, an effective operation, asks for a correct diagnosis over the phenomena which implies the precise identification of the generating factors. In the end, action has to be taken on the identified factors generating financial crisis. The present work, makes an analysis of the real causes that lead to the financial crisis in Romania, considering the global context. It is this global context in which there have been identified some answers to the crisis problem.

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    File URL: http://www.rce.feaa.ugal.ro/images/stories/RCE2011/finance-banking-account/IBors.pdf
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    Article provided by "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration in its journal Risk in the Contemporary Economy, Proceedings Conference.

    Volume (Year): (2011)
    Issue (Month): ()
    Pages: 326-330

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    Handle: RePEc:ddj:fserec:y:2011:p:326-330
    Contact details of provider: Postal: No. 59-61, Nicolae Balcescu Street, Postal Code 800008, Galati
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    Web page: http://www.feaa.ugal.ro
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    1. Jon Danielsson, 2000. "The Emperor has no Clothes: Limits to Risk Modelling," FMG Special Papers sp126, Financial Markets Group.
    2. Croitoru Lucian, 2010. "De ce trebuie să ţinem cont când reformăm economia mondială," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 02, June.
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