TITLE

THE RELATIONSHIP BETWEEN GLOBALIZATION AND THE ECONOMIC CRISIS

AUTHOR(S)
TUCA, Sabina
PUB. DATE
January 2014
SOURCE
USV Annals of Economics & Public Administration;2014, Vol. 14 Issue 1, p120
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Since 2007, the whole world has been facing a very severe economic crisis. The most important economies of the world have been going through a period of deep recession. In this matter, globalization has had a major role. Consequently, the aim of this paper is to analyze the link between globalization and the current economic crisis and to highlight the complexity of the relationship between the two phenomena. The research method used is documentary study, representative papers in the field being analyzed. The findings led to the conclusion that the two phenomena influence each other. On one hand, the economic crisis has spread rapidly around the world due to globalization and, on the other hand, the process of globalization has been affected by the crisis. The study also revealed that the current crisis is not just an economic crisis but a systemic one, a truly global crisis. It is obvious that there were and there will still be changes as a result of the crisis and not just economically, but the magnitude of these changes remains to be seen.
ACCESSION #
99046931

 

Related Articles

  • Evolution of Romanian Companies and Global Economic Recession. Constanţa, Enea; Gabriel, Sanda; Gheorghe, Grigorescu // Ovidius University Annals, Series Economic Sciences;2012, Vol. 12 Issue 2, p397 

    The economic crisis that Romania is starting to cross, especially, an internal crisis, caused by the wrong mix of macroeconomic policies taken in recent years. Economic growth is proving such an unhealthy, and that because I was in these years based on increased consumption financed by debt.

  • Organizacijos valdymo sistemos tobulinimas pasitelkiant kÅ©rybinį problemų sprendimÄ…. Patapas, Aleksandras // Viesoji Politika ir Administravimas;2012, Vol. 11 Issue 2, p360 

    No abstract available.

  • THE CURRENT ECONOMIC CRISIS AND ITS IMPLICATIONS ON THE WORLD ECONOMY. Ignat, Ion; Ifrim, Mihaela // Scientific Annals of the 'Alexandru Ioan Cuza' University of Ias;2010 Supplement, p233 

    The evolution of the world economy is a sinuous one, periods of prosperity and economic growth alternating with decline and recessions. Despite the acceptance of this reality, the outbreak of economic crises as turning points in economic activity, always raise questions that have been given...

  • Konjunktur zieht an - Haushaltsüberschüsse sinnvoll nutzen.  // ifo Schnelldienst;10/24/2013, Vol. 66 Issue 20, p3 

    No abstract available.

  • ENTREPRENEURSHIP VS ECOPRENEURSHIP -INTEGRATED APPROACH TO HOUSING. Šugar, Violeta; Tikvicki, Mihajlo // Proceedings of the International Scientific Conference, Juraj Do;2011, p1546 

    Globalization, recession and financial crisis revealed the growing need for the new, innovative, yet environmentally and socially responsible approach to entrepreneurship, as important driving force of sustainable development of specific territories by providing them with a wide variety of...

  • Weathering the Storm.  // Fiscal Notes;Apr2009, p2 

    The article reports on the impact of recession in Texas. In 2009, the state has been anticipated to encounter a financial meltdown and an increase in energy prices. If these scenarios happen, it will result to labor force reduction and a cut on economic growth rate. However, a recovery has been...

  • Can we lick the global meltdown without war? TATAD, FRANCISCO S. // Filipino Reporter;10/19/2012, Vol. 40 Issue 46, p46 

    The author wonders whether the global economic meltdown could be solve without war. Several factors contribute to the Eurozone crisis such as political conflicts, unsustainable public funds and problems in Greece including corruption, cheating on taxes and hidden private wealth. History also...

  • Maygar meltdown. Jason, Gary // Liberty (08941408);Jun2009, Vol. 23 Issue 5, p10 

    The author shares his views about the financial crisis in Hungary. He states that Central Europe being hardest hit by this recession is a result of having two generations of economic growth stolen by Soviet-imposed socialism. He declares that the cause of Hungary's financial crisis is its...

  • Economic crisis presents an opportunity to revitalize Canada. Fells, George // CCPA Monitor;Jun2009, Vol. 16 Issue 2, p26 

    The article presents an author's suggestion on what Canada should do to turn the economic crisis into a positive opportunity. Accordingly, he discusses the overall situation of Canada, as well as its features that would play an important factor in addressing the financial crisis. He then gives...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics