Gheorghiu, Anda and Gheorghiu, Anca (2010): World Economic Prospects in the Context of an Ongoing Global Crisis. Published in: ENEC 2010 , Vol. 3, No. ISSN 2065-2550 (20 May 2010): pp. 151-164.
Download (196kB) | Preview
The current financial crisis which started in 2007 and is still ongoing in 2010, was triggered by a liquidity hortfall in the United States banking system and has been considered the worst financial crisis since the Great Depression of the 1930s, since it affected drastically most countries in the world, big corporations and contributed to declines in consumer wealth and a noteworthy downward spiral in the economic activity. In these times of global depression, most countries and companies are affected, some more than others. The financial crisis is turning out to be much deeper and broader than expected. This paper underlines what is the outcome of the financial crisis on the global economy and synthesises the main opportunities for companies in these unstable years.
|Item Type:||MPRA Paper|
|Original Title:||World Economic Prospects in the Context of an Ongoing Global Crisis|
|English Title:||World Economic Prospects in the Context of an Ongoing Global Crisis|
|Keywords:||crisis, unemployment, happiness index, oil demand.|
|Subjects:||F - International Economics > F2 - International Factor Movements and International Business > F20 - General|
|Depositing User:||Anca Gheorghiu|
|Date Deposited:||27 Jan 2011 15:17|
|Last Modified:||11 Oct 2016 04:21|
BBC News, US Congress passes stimulus plan, 14 February 2009.
Capell Kerry, The Stunning Collapse of Iceland, Businessweek, October 9, 2008.
Daniel Gros and Cinzia Alcidi-The Impact of the Crisis on the Real Economy,p. 5, Centre for European Policy Studies, CEPS Policy Brief, nr. 201/2010.
Deloitte Development LLC-Managing talent in a turbulent economy – January 2010, Overview of the World Economic Outlook Projections.
Gheorghiu Anda, a Poll realised on http://polls.linkedin.com/p/56818/gokpq, (What is the greatest risk for your company in 2010?), 40 answers.
International Bank for Reconstruction and Development / The World Bank-Global Economic Prospects/Crisis, Finance, and Growth-2010, p. 38.
International Labour Office, Global Employment Trends, January 2010, page 32, Oil Market Report-Highlights of the latest OMR, dated 14 May 2009 and 15 January 2010.
McKinsey & Company-Rethinking how companies address social issues:McKinsey Global Survey results, 2009.
Mihail Brînzea, The New Financial Order and Redefining Power According the Saving Capacity. The Crisis Opens new Respects to New Models (in Romanian), http://mihailbrinzea.finantare.ro, 9 February 2009.
The Times-December 11, 2008