The economic crisis and the great problems of mankind
The economic crisis that humanity is currently facing proves to be the most severe one since the Great Depression of the 1930s. Poor financial system, unsustainable public debt and competitiveness inequalities in the world have greatly contributed to the crisis. Naturally, economic policy makers are...
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Format: | Article |
Language: | English |
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General Association of Economists from Romania
2014-07-01
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Series: | Theoretical and Applied Economics |
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Online Access: |
http://store.ectap.ro/articole/1003.pdf
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author | Cătălin-Emilian HUIDUMAC-PETRESCU Alexandru Cătălin POPA |
author_facet | Cătălin-Emilian HUIDUMAC-PETRESCU Alexandru Cătălin POPA |
author_sort | Cătălin-Emilian HUIDUMAC-PETRESCU |
collection | DOAJ |
description | The economic crisis that humanity is currently facing proves to be the
most severe one since the Great Depression of the 1930s. Poor financial system,
unsustainable public debt and competitiveness inequalities in the world have
greatly contributed to the crisis. Naturally, economic policy makers are concerned
about problems related to the restoration of fiscal, trade and monetary balances
and are trying to boost investment, employment and consumption. Solving these
problems is difficult, but insufficient for the future of global economy.
This paper attempts to draw attention to problems with long-term impact which, if
they are neglected, could cause future crises of even greater intensity than the
present one. Among these issues are increased poverty, lack of environmental
protection and demographic imbalances. |
first_indexed | 2024-12-11T20:48:00Z |
format | Article |
id | doaj.art-67b1f33fc31747b7affbe9645cf44a67 |
institution | Directory Open Access Journal |
issn | 1841-8678 1844-0029 |
language | English |
last_indexed | 2024-12-11T20:48:00Z |
publishDate | 2014-07-01 |
publisher | General Association of Economists from Romania |
record_format | Article |
series | Theoretical and Applied Economics |
spelling | doaj.art-67b1f33fc31747b7affbe9645cf44a672022-12-22T00:51:18ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292014-07-01XXI79911218418678The economic crisis and the great problems of mankindCătălin-Emilian HUIDUMAC-PETRESCU0Alexandru Cătălin POPA1 Bucharest University of Economic Studies, Romania Bucharest University of Economic Studies, Romania The economic crisis that humanity is currently facing proves to be the most severe one since the Great Depression of the 1930s. Poor financial system, unsustainable public debt and competitiveness inequalities in the world have greatly contributed to the crisis. Naturally, economic policy makers are concerned about problems related to the restoration of fiscal, trade and monetary balances and are trying to boost investment, employment and consumption. Solving these problems is difficult, but insufficient for the future of global economy. This paper attempts to draw attention to problems with long-term impact which, if they are neglected, could cause future crises of even greater intensity than the present one. Among these issues are increased poverty, lack of environmental protection and demographic imbalances. http://store.ectap.ro/articole/1003.pdf macroeconomicsfinancial marketsglobal warmingpovertypopulation ageing |
spellingShingle | Cătălin-Emilian HUIDUMAC-PETRESCU Alexandru Cătălin POPA The economic crisis and the great problems of mankind Theoretical and Applied Economics macroeconomics financial markets global warming poverty population ageing |
title | The economic crisis and the great problems of mankind |
title_full | The economic crisis and the great problems of mankind |
title_fullStr | The economic crisis and the great problems of mankind |
title_full_unstemmed | The economic crisis and the great problems of mankind |
title_short | The economic crisis and the great problems of mankind |
title_sort | economic crisis and the great problems of mankind |
topic | macroeconomics financial markets global warming poverty population ageing |
url |
http://store.ectap.ro/articole/1003.pdf
|
work_keys_str_mv | AT catalinemilianhuidumacpetrescu theeconomiccrisisandthegreatproblemsofmankind AT alexandrucatalinpopa theeconomiccrisisandthegreatproblemsofmankind AT catalinemilianhuidumacpetrescu economiccrisisandthegreatproblemsofmankind AT alexandrucatalinpopa economiccrisisandthegreatproblemsofmankind |