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Necessity Of A New Type Of Symbiosis Between The Nominal And The Real Economy


  • IONESCU, Lucian


This paper deals with the rift between the nominal economy and the evolution of the real economy, which represented the main structural cause for the international crisis (since 2007/2008), followed by a prolonged recession and a stagnant growth rate. Analysing the causality and implications of the rupture between the real and nominal facets of the economy, the author is pleading for a new type of symbiosis between the nominal & real dimensions of the socio-economic activity of the human society in the 21-st century.

Suggested Citation

  • IONESCU, Lucian, 2013. "Necessity Of A New Type Of Symbiosis Between The Nominal And The Real Economy," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 17(3), pages 44-51.
  • Handle: RePEc:vls:finstu:v:17:y:2013:i:3:p:44-51

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    References listed on IDEAS

    1. Iancu, Aurel, 2009. "Real Economic Convergence," Working Papers of National Institute of Economic Research 090104, National Institute of Economic Research.
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    More about this item


    nominal economy; real economy; international crisis; speculative monetary & financial flows;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit


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