LUCA, ALINA; BILBIE, IOANA - In: Journal of Academic Research in Economics 3 (2011) 3 (November), pp. 480-488
In the fall of 2008, lending activity has triggered the outbreak of the biggest crisis since the Great Depression. The global crises modified the economical structures of many countries and a vicious circle of tightening credit, reduced demand and rapid job cuts took place. Also, Romanian...