LOOKING BEYOND THE CRISIS. LESSONS FROM THE EUROPEAN ECONOMIC DECLINE
LOOKING BEYOND THE CRISIS. LESSONS FROM THE EUROPEAN ECONOMIC DECLINE

Summary/Abstract: This paper gives an overview on the deepest EU’s recession since the 1930s. The purpose of this study is to analyze the main macroeconomic indicators and their domino effect, in times of crisis. The abrupt downturn of the EU economy wasn’t entirely an unpredicted event. This is why the impact of the macroeconomic instability should never be underestimated in the future. Prevention, control and resolution represent elementary lessons from the way the current economic crisis has been handled. The analysis, added to the disruptions caused by the economic crisis, shows that the recession continues to weigh on the perspectives and solutions of the macroeconomic stability.

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