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2009•RePEc: Research Papers in EconomicsRequires access

From The World Crisis To Recovery

Alexandru Sălceanu

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Abstract

After more than 50 years of economic growth, we are witnessing a world economic crisis generated by a multitude of economic, political, social and other factors. Banks have contributed to the starting of this crisis, especially by making some speculative investments with a high level of risk, as a result of the sub-regulated financial system in which they carry out their activity. It is possible to get out of this crisis by applying a reformation of the way in which the financial sector in regulated and monitored.

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After more than 50 years of economic growth, we are witnessing a world economic crisis generated by a multitude of economic, political, social and other factors. Banks have contributed to the starting of this crisis, especially by making some speculative investments with a high level of risk, as a result of the sub-regulated financial system in which they carry out their activity. It is possible to get out of this crisis by applying a reformation of the way in which the financial sector in regulated and monitored.

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Available abstract

After more than 50 years of economic growth, we are witnessing a world economic crisis generated by a multitude of economic, political, social and other factors. Banks have contributed to the starting of this crisis, especially by making some speculative investments with a high level of risk, as a result of the sub-regulated financial system in which they carry out their activity. It is possible to get out of this crisis by applying a reformation of the way in which the financial sector in regulated and monitored.

Key concepts: Multitude, Financial crisis, Carry (investment), Politics, Economics, Economic policy, Financial system, Market economy

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