SHORT AND MEDIUM TERM OUTLOOK OF THE WORLD ECONOMY

Authors

  • Octavian-Liviu OLARU Professor Ph.D. Constanţa-Aurelia CHIŢIBA, Professor Ph.D.
  • Livia-Irina OLARU Master Candidate Ph.D. Faculty for International Economic Relations Christian University „Dimitrie Cantemir”, Bucharest

Keywords:

world economy, recession, recovery, stimulus measures

Abstract

expected to rise this year by 4 per cent in comparison with the 2009 level. This represents an upward revision of ¾ per centage point from the October 2009 World Economic Outlook.In 2011, world economy growth is projected to reach a level of 4.3 per cent.Reform of financial market supervision and regulation is clearly necessary to build a more resilient financial system. Here, the efforts need to focus on identifying the market imperfections that gave rise to the incentives for excess risk taking and high leverage, as well as the regulatory failures that together caused this unprecedented global financial crisis.   

References

• International Monetary Fund, World Economic Outlook Update, A Policy-Driven, Multispeed Recovery, January 26, 2010.

• International Monetary Fund, World Economic Outlook Update, Global Economic Slump Challenges Policies, January 28, 2010.

• International Monetary Fund, Regional Economic Outlook Reports, October 29, 2009.

• International Monetary Fund, 2010 – A Year of Transformation for the World and for Asia, January 10, 2010.

• Deutsche Bank, Economic Outlook 2010, Positive Signals for the German Economy, January 28, 2010.

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Published

2010-03-30

How to Cite

OLARU, O.-L., & OLARU, L.-I. (2010). SHORT AND MEDIUM TERM OUTLOOK OF THE WORLD ECONOMY. Annals of Spiru Haret University. Economic Series, 10(1), 169–174. Retrieved from https://www.anale.spiruharet.ro/economics/article/view/10118

Issue

Vol. 10 No. 1 (2010)

Section

ACADEMIA PAPERS

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