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Crisis – Achilles’ heel


  • Bicãjanu Vasile

    () (The Bucharest Academy of Economic Studies)

  • Popescu (Spârchez) Nicoleta

    () (The Bucharest Academy of Economic Studies)


The world is in a state of uncertainty; it may be an economic, social, political, moral, military, cultural, religious crisis… The international entities such as the International Monetary Fund, the European Financial Stability Facility, United Nations Organization, etc. collaborate for enforcing anti-crisis measures and Greece tries to pull out the arrow from Achilles’ heel. The ethics and economics principles sometimes seem insufficient for more flowers than weeds to grow in a planetary garden. In this context, this study emphasizes the importance of reconsidering human values, especially the cultural and religious ones in order for the society to deal with permanent changes and pressures to which it is submitted.

Suggested Citation

  • Bicãjanu Vasile & Popescu (Spârchez) Nicoleta, 2011. "Crisis – Achilles’ heel," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 92-95, May.
  • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:92-95

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    References listed on IDEAS

    1. Nicolae Al. Pop & Anca-Daniela Vl?doi, 2009. "The marketer-a complex specialist, a man of concept, decision and action," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 11(25), pages 9-20, February.
    2. Kaplan, Andreas M. & Haenlein, Michael, 2009. "The increasing importance of public marketing: Explanations, applications and limits of marketing within public administration," European Management Journal, Elsevier, vol. 27(3), pages 197-212, June.
    3. Grigorescu, Adriana, 2009. "Renewal marketing management in public and business organizations," MPRA Paper 25128, University Library of Munich, Germany.
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    More about this item


    globalization; crisis; new world order; surveillance practices; responsibility.;

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration


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