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America’s Economic Crisis and Europe’s Hamletian Dilemma

Management Dynamics in the Knowledge Economy

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Title America’s Economic Crisis and Europe’s Hamletian Dilemma
 
Creator RADU, Loredana; National University of Political Studies and Public Administration
 
Description The current paper aims to present briefly, yet clearly, the key developments of the complex phenomenon that is usually labeled as the ”global economic crisis”. Furthermore, the paper reveals some of the contagion mechanisms that transformed the American banking crisis into “Europe’s existential crisis”. The paper builds on a general consent that seems to be emerging among scholars and politicians – “the crisis in Europe is existential. It is a question of whether the EU survives as a recognizable entity.” (Giddens, 2012). We totally agree with the fact that the American crisis and the European crisis could (and should) be now treated as two separate realities. However, these realities have emerged from the same root cause,  which means that in order to understand why Europe is now struggling with its Hamletian dilemma, one should first take a close look behind the scenes of global economy.
 
Publisher Faculty of Management, National University of Political Studies and Public Administration
 
Contributor
 
Date 2016-05-24
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://www.managementdynamics.ro/index.php/journal/article/view/9
 
Source Management Dynamics in the Knowledge Economy; Vol 1, No 1 (2013): Issue 1; 143-156
2392-8042
2286-2668
 
Language eng
 
Relation http://www.managementdynamics.ro/index.php/journal/article/view/9/9