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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Main Authors: Cătălin-Emilian HUIDUMAC-PETRESCU, Alexandru Cătălin POPA
Format: Article
Language:English
Published: General Association of Economists from Romania 2014-07-01
Series:Theoretical and Applied Economics
Subjects:
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.
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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
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