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Global Economic Crisis – Anti Crisis Measures And Economic Recovery Programmes


  • Elena Moise

    () (Romanian American University, Bucharest)

  • Ioana Gabriela Grigorescu

    () (Romanian American University, Bucharest)


By definition, economic policy is “the sum of measures taken by state authorities in order to guarantee economic growth, employment, balancing the balance of foreign payments, prices stability, decreasing the discrepancies and also guaranteeing national independence” (Macroeconomic dictionary – A. Bacescu, M. Bacescu). Summarizing, we may state that economic policy is represented by the behavior of state authorities within the functioning of the economy of the country. Anti crisis economic policies structure the mechanisms and instruments that state authorities use in order to diminish the shocks generated by the economic decrease.

Suggested Citation

  • Elena Moise & Ioana Gabriela Grigorescu, 2012. "Global Economic Crisis – Anti Crisis Measures And Economic Recovery Programmes," Romanian Economic Business Review, Romanian-American University, vol. 7(1), pages 33-39, March.
  • Handle: RePEc:rau:journl:v:7:y:2012:i:1:p:33-39

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    References listed on IDEAS

    1. Cordato, Roy E., 1992. "Knowledge Problems and the Problem of Social Cost," Journal of the History of Economic Thought, Cambridge University Press, vol. 14(02), pages 209-224, September.
    2. Robert Holman, 2004. "Ekonomická analýza práva
      [Economic analysis of law]
      ," Politická ekonomie, University of Economics, Prague, vol. 2004(4), pages 519-531.
    3. J. Patrick Gunning, 1985. "Causes of Unemployment: the Austrian Perspective," History of Political Economy, Duke University Press, vol. 17(2), pages 223-244, Summer.
    4. Raj, Madhusudan, 2008. "Mending the Meltdown: Fending off the Interventions and Resurrecting the Market," MPRA Paper 15693, University Library of Munich, Germany.
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