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Globalisation and the Current Economic Crisis

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  • Gina Ioan

    (Danubius University of Galati)

Abstract

One of the hottest topics of economic research, not only is the economic crisis facing the world economy since 2007. Once the economic shock has spread quickly has spread quickly since the third quarter of 2008, international macroeconomic context known negative changes. The illusion that we live in times of certainty, shared, unfortunately, many economists, was shattered by the financial and economic crisis that has destroyed the economic base of the globalized world. Therefore, for most economists, the crisis came unexpectedly, as a big surprise. The phenomenon of globalization as the economic crisis became the most discussed and debated in the current phenomena. Globalization is an economic and political reality quite complex, resulting in profound changes in social and economic interdependence between states created. Economic crisis has revealed a system of crisis manifested in a less or more latent: technological crisis, the crisis model of sustainable development, the demographic crisis.

Suggested Citation

  • Gina Ioan, 2012. "Globalisation and the Current Economic Crisis," The Journal of Accounting and Management, Danubius University of Galati, issue 1, pages 5-22, May.
  • Handle: RePEc:dug:jaccma:y:2012:i:1:p:5-22
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    File URL: http://journals.univ-danubius.ro/index.php/jam/article/view/1376/1135
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    Cited by:

    1. Siham Matallah & Amal Matallah, 2017. "Do Globalization and Economic Freedom Trigger Economic Growth in MENA Countries? Empirical Evidence and Policy Implications," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 3(2), pages 76-87, June.

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    Keywords

    crisis; globalization;

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