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Succinct Study on the Effects of the Global Crisis over the World’s Social, Environmental and Business Prospects

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  • Gheorghiu Anda

    () (“Hyperion” University of Bucharest)

  • Gheorghiu Anca

    () (“Hyperion” University of Bucharest)

Abstract

The global financial crisis which emerged in developed countries has spread to the developing world. Forecasts of growth in developing countries have been downgraded a lot and questions remain as to how profound, for how long these problems will broaden which countries will be affected more than others, and what are the means through which this might work? In these times of global depression, most countries and companies are affected, some more than others. The financial crisis is turning out to be much deeper and broader than expected. This paper underlines what is the outcome of the financial crisis on the global economy and synthesises the main opportunities for companies in these unstable years.

Suggested Citation

  • Gheorghiu Anda & Gheorghiu Anca, 2010. "Succinct Study on the Effects of the Global Crisis over the World’s Social, Environmental and Business Prospects," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 259-265, October.
  • Handle: RePEc:ovi:oviste:v:10:y:2010:i:2:p:259-265
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    Keywords

    crisis; unemployment; developing countries; bailouts;

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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