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2011 | 8 | 2 | 10-16
Article title

Causes and effects of Romania deepening financial crisis. Short term means

Authors
Content
Title variants
Languages of publication
EN
Abstracts
EN
Deepening and expanding financial crisis triggered in October 2008 in the U.S. and other countries is the event that has caused the utmost concern of the policy makers in the economy and society. Forecasts for Romania show a slowdown in economy. As the current global status indicates the likelihood of a major global economic crisis, we attempt through this study to identify the real causes of this deepening crisis in Romania. As well as public policy priorities to counteract the effects of the crisis and restore confidence of financial institutions and investors to Romania.
Year
Volume
8
Issue
2
Pages
10-16
Physical description
Dates
published
2011-08-12
Contributors
author
  • Faculty of Juridical, Social and Political Sciences, University of Dunarea de Jos Galati, Romania
  • Prague Development Center, Czech Republic
References
  • COM, 2009. Promoting Good Governance in Tax Matters, Communication from the Commission to the
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  • Council of the European Union, 2003. Council Council Directive 2003/48/EC of 3 June 2003, Official Journal of the European Union, pp.L157/38- L157/47
  • Council of the European Union, 2004. Council Directive 77/799/EEC 19 December 1977, as amended by Directive 2004/56/EC from 21 April 2004. Official Journal of the European Union, pp.L127/70- L127/72
  • Council of the European Union, 2008. Council Directive 2008/55/EC from 26 May 2008, Official Journal of the European Union, pp.L150/28- L150/38
  • Deloitte, 2009. “Leading the way or jumping the gun? Central Europe Private Equity confidence survey,” Deloitte Central Europe. INS, 2010. Romania National Institute of Statistics, International trade in goods in April and the period 01/01 to 04/30/2010
  • European Commission, 2005. “Public Finances in EMU 2005,” European Economy Report, No.3, Directorate-General of Economic and Financial Affairs, Brussels.
  • European Commission, 2009. DG-EFA, Five years of an enlarged EU, Economic achievements and challenges, Directorate-General of Economic and Financial Affairs, Brussels.
  • Rzońca, A., and P. Cizkowicz (2005), “Non-Keynesian effects of fiscal contraction in new member states,” ECB Working Paper, No.519.
  • UNCTAD, 2010. World Investment Report 2010: Investing in a Low-Carbon Economy
Document Type
Publication order reference
YADDA identifier
bwmeta1.element.cejsh-9edf5132-dce4-47e6-96f6-eaf754b6a479
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