1. GLOBALISATION - THE MAIN STIMULUS IN PROPAGATION THE EFFECTS OF THE CRISIS.
- Author
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Belingher, Daniel and Călin, Cantemir Adrian
- Subjects
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GLOBALIZATION , *ECONOMIC change , *FINANCIAL economics , *TECHNOLOGICAL progress , *COMMERCE , *GROSS domestic product , *BANKING industry - Abstract
Should we consider the current crisis to be directly linked to the Globalisation? Do we have the perfect mix that offers us a perfect stable economic climate, even in a Global World? The globalisation of finance and the large opening of the economy have brought us a wide spreading in the modern world of this new calamity, named by a medical record: crisis. This paper summarises how the crisis started, through which channels it managed to spread globally, which are the potential solutions to prevent future imbalances and why a change is necessary in order to rethink the economic game. [ABSTRACT FROM AUTHOR]
- Published
- 2012