Gojinetchi, Sergiu (2012): Consumer protection in the shadow of the global financial crisis - a study on the way forward of consumer protection in European Union, Republic of Moldova and P.R. of China -. Forthcoming in:
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As could be expected, the global financial crisis is on everybody’s mind and causing a lot of worries. The current crisis has reached the consumers globally and intensified conversations about consumer protection. It has threatened their wealth as people have lost their assets, savings and they are facing major concerns about their future stability.
This financial crisis began with a failure to protect consumers. Effective, affirmative and preventative consumer protection needs to be a major part of the global solution.
This paperwork intends to make a contribution to those debates by addressing a few specific questions: Did a lack of consumer protection cause the financial crisis? Who is likely to benefit from this present financial crisis, and who is likely to lose out? How can countries design appropriate formal coordination policy and mechanisms between their central governments and other relevant consumer regulatory agencies? The approaches recommended by the paperwork are built upon the premise that national governments cannot be effective in isolation, and ultimately depend on collaboration with other regulatory agencies to effectively fulfill their mandate of consumer protection, price transparency, economic and financial stability.
Additionally, this paper reviews documentation and some relevant research, articles, proposals that relates on the one side regarding consumers in the evolving reform of the consumer protection regime after the global financial crisis and on the other side to help understand the how consumer protection watchdogs can best respond.
|Item Type:||MPRA Paper|
|Original Title:||Consumer protection in the shadow of the global financial crisis - a study on the way forward of consumer protection in European Union, Republic of Moldova and P.R. of China -|
|Keywords:||Consumer protection, Financial Crisis, Policy Implications|
|Subjects:||D - Microeconomics > D1 - Household Behavior and Family Economics > D18 - Consumer Protection|
|Depositing User:||Sergiu Gojinetchi|
|Date Deposited:||15. Feb 2012 17:06|
|Last Modified:||12. Feb 2013 07:04|
Bibliography or References
Literatures and Notes:
Duncan Green, Richard King, May Miller-Dawkings/ OXFAM Research Report/ The Global Economic Crisis and Developing Countries: Impact and Response/ Draft January 2010
Derek Ireland, Director/ Consumer Research and Analysis, Office of Consumer Affairs, Industry Canada “Policy Opinions Journal”, page 27-30, October 1997.
Neil W. Averitt and Robert H. Lande entitled: “Consumer Sovereignty: A Unified Theory of Antitrust and Consumer Protection Law,” Volume 65, Antitrust Law Journal, page 713, Spring 1997.
Amalia, P., and Ionut, P. (2009). Consumers’ reaction and organizational response in crisis context, Uni. Of Oradea. The Journal of the Faculty of Economics, 1(5), 779-782. / http://steconomice.uoradea.ro/anale/volume/2009/v4-management-and-marketing/157.pdf
Nistorescu, Tudor and Puiu, Silvia (2009): Marketing strategies used in crisis - study case. Published in: Analele Universitatii din Craiova , Vol. 1, No. 37 (2009) (01. October 2009): 05-12. http://mpra.ub.uni-muenchen.de/29204/1/MPRA_paper_29204.pdf
Susan Joekes and Phil Evans, in focus: Competition and Development / The Power of Competitive Markets http://publicwebsite.idrc.ca/EN/Resources/Publications/Pages/IDRCBookDetails.aspx?PublicationID=56