Bulletin of the Transilvania University of Brasov. Series V : Economic Sciences | 卷:2 (51) |
The Recent Financial Bubble: an Overview | |
关键词: Financial crisis; world economy; monetary system; | |
DOI : | |
来源: DOAJ |
【 摘 要 】
The main aim of this paper is to analyse the recent financial crisis and to make recommendations how to handle it in the best possible way. Financial bubbles, since the great depression, have been analysed and some recommendations have been made taking into account the internationalization of the world economy which behaves like a domino. The recent financial crisis in the sub-prime mortgage market creates new problems in the world market with unforeseen continuances. Deflation has been referred to as a possible continuance after a financial bubble because often but not always deflation follows. Deflation often results in financial and economic crises. Financial and economic crises affect the architecture of the monetary system, while a change in the system may affect the role of the dollar, the euro and the yen.
【 授权许可】
Unknown