The current financial crisis revisited. Causes and remedies.

Donath, Liliana Eva
Cismaş, Laura Mariana
Publication date: 
The present financial crisis is the outburst of tensions accumulated in time in the banking and financial systems. Though its causes resemble past crisis it has certain characteristics that demand a new approach. The high contagion effects as well as the implications on the real economy need different solutions from those used in the past. The paper tempts to identify the main causes and possible remedies in order to stabilize the markets and induce economic growth.
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