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Issues Related To The Present Economic Crisis

Author

Listed:
  • Gheorghe MINCULETE

    () (, “Carol I” National Defense University, Romania)

  • Maria Magdalena POPESCU

    () (“Carol I” National Defense University, Romania)

Abstract

What began as a global financial crisis has truly become a virulent global economic crisis. The credit crunch that has clogged the arteries of the world financial system has now caused an economic meltdown of global proportions. Several financial experts and economists have warned that the world confronts a mega-economic crisis. This may lead government economic compulsive policies to extensive social unrest at international, regional and national levels, should the earnings of citizens decrease and unemployment rise in the near future.

Suggested Citation

  • Gheorghe MINCULETE & Maria Magdalena POPESCU, 2009. "Issues Related To The Present Economic Crisis," Proceedings of the 4th International Conference on Knowledge Management: Projects, Systems and Technologies,Bucharest, November 6-7 2009 42, Faculty of Economic Cybernetics, Statistics and Informatics, Academy of Economic Studies and National Defence University "Carol I", DEPARTMENT FOR MANAGEMENT OF THE DEFENCE RESOURCES AND EDUCATION.
  • Handle: RePEc:rom:confkm:42
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    File URL: http://ccasp.ase.ro/KM2009/42.pdf
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    More about this item

    Keywords

    economic crisis; recession; depression; contraction of consumption; economic stagnation; economic recovery;

    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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