Theoretical and Applied Economics
No. 8 / 2008 (525)
Effects of International Financial Turbulences Extension on the Romanian Economy. Prevention Solutions
Andrei Hrebenciuc
Academia de Studii Economice, Bucuresti
Abstract. The world economy is under recession. The strong financial turbulences, the collapses of the main stock exchanges with global extension, the global real estate crises and alimentary problems represent the signs of a fundamental correction within the global economy. How did the global financial crisis appear? Are USA capable of minimizing the negative effects of the recession are facing with? How will the world financial crisis manifest in Romania? Which are the solutions to prevent the extension of the financial turbulences in Romania? These are the questions to which we are trying to give an answer within this work.
Contents
Finances, in the Light of Utility and Equity Criteria
Tax Politcy and Social Output: The UE Case
Effects of International Financial Turbulences Extension on the Romanian Economy. Prevention Solutions
Representing the Local Interests in Governmental Policy Making. The Romanian Experiment
“Lamfalussy Architecture” – A Model for Consolidating the Financial Markets’ Supervision
Gross or Net Settlement? What Type of Securities Settlement System Works Best?