The Current Economic Crisis: Effects, Consequences, Measures and Solutions

The main objective of the present research project is the current economiccrisis, its effects, consequences but especially the measures and the solutions that we can find to resolve this situation. A key problem preoccupying developing countries today is the global economic crisis and how they can address it. The epicenter of the crisis is in the developed countries, especially the USA. But the developing countries that have no role in causing the crisis have suffered the most severe “collateral damage”. I will try to present the similarities with other periods of recession that we have crossed-over time. I will propose a few measures to remedy this situation, both long-term and short-term, referring of course to Romania and EU as well.