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Characteristics of the financial crisis in 2008 and its implications on Romanian economy

Maha, Liviu-George and Mariciuc, Dragos-Florentin (2009): Characteristics of the financial crisis in 2008 and its implications on Romanian economy. Published in: 4th Aspects and Visions of Applied Economics and Informatics , Vol. 2009, (29. March 2009): pp. 610-616.

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Abstract

The paper tries to underline the most important aspects of the financial crisis in Romania. Taking into account the information speed, the full integration of the capital markets and the commercial integration, the economic crisis of 2008 is certainly a global one and it has repercussions not only on the Western economies, but it also affects the economy of other states, resulting in major consequences.

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