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Useful Crises


  • DOBRESCU, Emilian M.

    (Spiru Haret University, scientific secretary of the Department of economic and legal sciences and sociology of the Romanian Academy)

  • ŞTEFĂNESCU, Roxana

    (Faculty of Management, Braşov, Spiru Haret University)


The autumn of 2008 has produced, starting from the American and European mortgage credits crisis, the most powerful and deep financial, monetary and economic crisis, which last phases the most advanced states of the planet seemed to be experienced in the first half of 2009. As anything that happened in the life of humans, the economic crises have not only bad, negative sides, but they also have good, positive sides.

Suggested Citation

  • DOBRESCU, Emilian M. & ŞTEFĂNESCU, Roxana, 2010. "Useful Crises," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 1(2), pages 47-53.
  • Handle: RePEc:ris:sphecs:0046

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    More about this item


    financial; monetary and economic crisis; fraud;

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • G01 - Financial Economics - - General - - - Financial Crises


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