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CLOSE RELATIONS ON THE FINANCIAL MARKETS AND IRREDUCIBLE UNSTABLE ECONOMIC PERFORMANCES.
- Source :
- LESIJ - Lex ET Scientia International Journal; Dec2011, Vol. 18 Issue 2, p181-190, 10p
- Publication Year :
- 2011
-
Abstract
- The evolution of the market development of any kind registered an overlapping and conditioning of financial markets and economic performances, reinforcing, after the 80's, the connections between the financial system and industrial economy in relation to the age of conglomerates. Although the financial system uses its assumed functions of not being responsible for the cyclic instability of the economies, which has a negative influence over the average rate of economic growth over long periods, macroeconomic analyses reflect the financial origins of cyclic instability. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 1583039X
- Volume :
- 18
- Issue :
- 2
- Database :
- Supplemental Index
- Journal :
- LESIJ - Lex ET Scientia International Journal
- Publication Type :
- Academic Journal
- Accession number :
- 90515995