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The European Commission Forecast on the Global Economy under the Economic Crisis

Author

Listed:
  • Epure Dãnuþ Tiberius

    () (“Ovidius” University of Constanta, Faculty of Economic Sciences)

  • Orac Mãdãlina

    (“Dunãrea de Jos” University of Galaþi)

  • Brãiloiu Liviu

    (“Dunãrea de Jos” University of Galaþi)

Abstract

This paper illustrates the role of a relevant and balanced analysis on the development of the sustainable economy, by means of global economic forecasts under the contemporary crisis. The forecasts of the European Commission and World Bank are short-termed, since the dynamics of the global economy is emphasized and adversarial, which makes it impossible to predict on medium or long term. A distinct part of the multinational corporations’ analysis aims at their impact the on national economy and the global economy, the GDP evolution and the decrease of the EURIBOR interest rate.

Suggested Citation

  • Epure Dãnuþ Tiberius & Orac Mãdãlina & Brãiloiu Liviu, 2011. "The European Commission Forecast on the Global Economy under the Economic Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 419-422, May.
  • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:419-422
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    More about this item

    Keywords

    interbank market; capital flows; interest rate reduction; corporate income.;

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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