NECESSITY OF A NEW TYPE OF SYMBIOSIS BETWEEN THE NOMINAL AND THE REAL ECONOMY

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...

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Bibliographic Details
Main Author: Lucian C. IONESCU
Format: Article
Language:English
Published: “Victor Slăvescu” Centre for Financial and Monetary Research 2013-09-01
Series:Financial Studies
Subjects:
Online Access:http://fs.icfm.ro/vol17i3p44-51.pdf