Contagion effect of economic crisis in Eastern European countries Online publication date: Sat, 29-Nov-2014
by Cristian Paun
International Journal of Liability and Scientific Enquiry (IJLSE), Vol. 4, No. 3, 2011
Abstract: Different forces (governments, creditors, investors and financial institutions) and potential benefits determined a continuous expansion of globalisation process. After Bretton Woods system's failure (1971), international financial system entered into a new development phase that was characterised by strong capital mobility, a larger participation of emerging markets to the global economy's transactions. A higher integration level for these markets doubled by liberalisation of capital accounts generated a significant increase of interdependences between developed and developing economies from all regions of the world. The analysis of these interdependences is very important to understand the real nature of current economic and financial crisis and offers new perspectives on the effects of them at global level. This study is focused on the analysis of contagion effect of current economic crisis in Eastern European countries, identifying different factors that could explain the situation in this area.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Liability and Scientific Enquiry (IJLSE):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook