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Banking Doctrines and Contemporary Economic. Theories in the Economic Development

Author

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  • Stefan Gheorghe

    (Danubius University of Galati, Romania)

Abstract

Contemporary economic theories justify economic polarization, both before and after the Second World War, through enhanced differences between the rich countries and those in course of development. The instrument quantifying this economic gap is represented by the high price for industrial products and a very low one for essentials thus maintaining at minimal level the purchasing power of the agrarian countries (of the under-developed states). Through the agency of some institutions and specialized organizations like U.N., U.N.E.S.C.O. or the E.U., there are conducted international programs for the sectorial support mainly aiming the resolution of all kinds of problems.

Suggested Citation

  • Stefan Gheorghe, 2011. "Banking Doctrines and Contemporary Economic. Theories in the Economic Development," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 2(2), pages 128-134, June.
    • Handle: RePEc:dug:actaec:y:2011:i:2:p:128-134
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