Cauzele, propagarea şi efectele crizelor într-o lume din ce în ce mai globalizată
The causes, the spreading and the effects of crises in an increasingly globalized world

Summary/Abstract: Entering into a new period o recession makes the financial crisis issue draw more and more the specialists’ attention. The cyclical evolution of modern economies following the pattern of a boom which generally comes after a period of depression and so on highly fuels the interest in this topic. The issue is currently in the spotlight, as it always turns to be when the world economy suffers. Hence, searching for an economically correct explanation to the reasons for which volatility and instability appear, and also for the spread of the global financial crisis, perfectly justifies the scientific interest. Analyzing the effects these crises generate both in the economic and social fields allows a better understanding of the ways in which they arise and develop in the present context.

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