GLOBAL ECONOMIC CRISIS – ANTI CRISIS MEASURES AND ECONOMIC RECOVERY PROGRAMMES

By definition, economic policy is “the sum of measures taken by state authorities in order to guarantee economic growth, employment, balancing the balance of foreign payments, prices stability, decreasing the discrepancies and also guaranteeing national independence” (Macroeconomic dictionary – A. Bacescu, M. Bacescu). Summarizing, we may state that economic policy is represented by the behavior of state authorities within the functioning of the economy of the country. Anti crisis economic policies structure the mechanisms and instruments that state authorities use in order to diminish the shocks generated by the economic decrease.