Risk in Contemporary Economy (Oct 2020)

Perspectives for Economic Recovery after the Covid Crisis 19

  • Sava Valentin,
  • Tureatcă Manuela-Violeta

Journal volume & issue
Vol. 1, no. 1
pp. 118 – 130

Abstract

Read online

The phenomenon of economic crisis is an interval in which the economy has a decline. This may be due either to overproduction (the crisis of 1929-1933) but also to membership in a small group of those who own money. The economic crisis can be assimilated to a series of situations in which certain financial goods lose value. We will show aspects of the crisis due to the covid 19 through the prism of the global economy viewed before the crisis but also during it.