ON THE SLIDE OF PUBLIC DEFICIENCY AND
ON THE SLIDE OF PUBLIC DEFICIENCY AND
Author(s): Diana-Mihaela Pociovălişteanu, Emilian M. DobrescuSubject(s): Economy
Published by: Editura Eurostampa
Keywords: public deficiency; financial settlements; Basel III; financial crisis
Summary/Abstract: The world of financial – banking specialists should be panicked, observing the modality in which world financial institutions or the exhausted budget of the main states of the Earth are functioning. We get used to easily observe where they appoint us – Greece, in the present case- not wondering profoundly what hides as a matter of fact behind this movement. There are the powerfully industrialised states – of some economies agonising in huge public deficits that have gathered – of 100, 200 and even 300% from their annual GDP- as exposed, as middle states, like Greece, Spain or Portugal, more and more incriminated in the last period. Consumer’s conception that is highly applied in the post-war years of the past century and the “state of general well-being” destroyed economy and the environment of the planet or the ones are about to do it?
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XVII/2011
- Issue No: 17
- Page Range: 1018-1026
- Page Count: 9
- Language: English