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Finance and Credit
 

Globalization and recurrence of wold economy

Vol. 15, Iss. 34, SEPTEMBER 2009

Available online: 6 November 2009

Subject Heading: GLOBALIZATION

JEL Classification: 

Efremenko I.N. candidate of economic sciences, associate professor, Rostov State Economic University “RINKH”
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The global scale of modern financial crisis raises a question on interrelation of recurrence of economy and process of financial globalisation. As a result of the analysis of interrelation between recurrence of economy and process of financial globalisation in the article a conclusion that development of financial globalisation has more likely cyclic, than linear character is drawn.

Keywords: globalization, global financial architecture, global economy, financial crises, recurrence of economy

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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