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Title: Bad government as a reason of recent financial crisis in Europe
Authors: Galooyek, Maryam Jafary
Noor, Zaleha Mohd
Rajabi, Ehsan
Keywords: Financial crises -- European Union countries
Economic policy -- European Union countries
Economic assistance, Domestic
Issue Date: 2014
Publisher: University of Piraeus. International Strategic Management Association
Citation: Galooyek, M. J., Noor, Z. M., & Rajabi, E. (2014). Bad government as a reason of recent financial crisis in Europe. European Research Studies Journal, 17(2), 20-31.
Abstract: In spite of emphasizing on a market by economic liberalism, most experts believe that market failure caused the deepest global crisis after Great Depression (1929) to happen. Although we cannot ignore the importance to the role of attendance of government to the economy, we believe that sometimes governments are the reason behind the problems in economic situation. Factors like the lack of political integration between European governments and cooperation of national government, the absence of mighty government to make decision and policy and undisciplined financial plans, as well as, loss of proper rules and low, which are occasions of bad government.
Appears in Collections:European Research Studies Journal, Volume 17, Issue 2

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