Theoretical and Applied Economics
No. 3 / 2012 (568)
Inflation Game Redistributions and Economic Crisis Path
Bucharest Academy of Economic Studies
Amalia CRISTESCU
Bucharest Academy of Economic Studies
Abstract. Starting from the effects of the socially redistribution of wealth generated by inflation, the authors aim to identify the system of interests that supports this process, namely the connections with the economic crisis. In this aim, this work launches the hypothesis that the contagious disease of the market imbalances represents the basis for the manifestation of the inflationary process. By analyzing the assumptions and the causes of the market imbalances manifestation, the authors reveal a system of interest alliances that added to the complicit attitude of the consumers supports the manifestation of the inflationary process. The confrontation between this hypothesis and the inflationary trends in developed countries over the last four decades, respectively the recent lesson of the global economic crisis, leads to the confirmation of a common root of the inflationary phenomenon and the economic crises. The authors think that in order to avoid the emergence of new global economic crises and the negative effects of inflation, a radical behavioural change is required from both consumers and other economic agents.
Keywords: inflationary game; economic crisis; consumerist behaviour; contagious disease.
Contents
- Inflation Game Redistributions
and Economic Crisis Path
Dorel AILENEI
Amalia CRISTESCU
- Estimation of the Mechanisms for Automatic Fiscal Stabilization. The Romanian Case
Aura Gabriela SOCOL
Cristian SOCOL
- Impact of the Financial Crisis
on the Romanian Capital Market
in the European Context
Leonardo BADEA
- Current Research on Flexibilizing the Labor Market
– second part –
Daniel ŞTEFAN
Costantin ROMAN
Aureliana Geta ROMAN
- The Indian Stock Market
and the Great Recession
Arindam MANDAL
Prasun BHATTACHARJEE
- Credit Risk Assessment under Basel Accords
Oana Miruna DĂNILĂ
- An Analysis of Current Labor Market Developments and Structures in European Union – in Correlation with Labor Market Flexicurity Requirements
Alina Ştefania CHENIC (CREŢU)
- “Underground” Economy Nature – Conceptual Status
Cristina VOICU
- The Analysis of the Representativeness of Results Obtained after Applying the Method
of Job Evaluation through Tasks
Dorin Leonard NISTOR
- Implications of Educational Attainment
on Labour Market
Claudia ŞERBAN