IDEAS home Printed from https://ideas.repec.org/a/ovi/oviste/vxiiy2012i1p33-36.html
   My bibliography  Save this article

The Contemporary Crisis and its Determinative Factors within Globalization Framework

Author

Listed:
  • Grigorut Corneliu

    (,,Ovidius” University, Constanta, Romania)

  • Popa Catalin

    (,,Mircea cel Batran” Navala Academy)

  • Nistor Filip

    (,,Mircea cel Batran” Navala Academy)

Abstract

In actual context of crisis prolongation becomes very important to find the triggering elements for economic and financial incentive on global scale. In present globalization framework, as authors have asserted, the optimum model for economic incentive is not the credit rebound but the prices diminishing attitude in order to equilibrate the power purchasing of real demand with the real values of aggregate incomes on markets. Afterwards, as the incomes are contracting in crisis phases and the normal attitude regarding the consumption recovery should not the credit incentive but the prices general deflation based on real production restructuring policies.

Suggested Citation

  • Grigorut Corneliu & Popa Catalin & Nistor Filip, 2013. "The Contemporary Crisis and its Determinative Factors within Globalization Framework," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 33-36, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:1:p:33-36
    as

    Download full text from publisher

    File URL: http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2013p1.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:xii:y:2012:i:1:p:33-36. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gheorghiu Gabriela (email available below). General contact details of provider: https://edirc.repec.org/data/feoviro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.