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Bad government as a reason of recent financial crisis in Europe


Citation

Galooyek, Maryam Jafary and Mohd Noor, Zaleha and Rajabi, Ehsan (2014) Bad government as a reason of recent financial crisis in Europe. European Research Studies, 17 (2). pp. 20-31. ISSN 1108-2976

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.


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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
Publisher: International Strategic Management Association
Keywords: Financial crisis; Bad government; European Union
Depositing User: Nabilah Mustapa
Date Deposited: 04 Sep 2015 12:20
Last Modified: 09 Oct 2015 07:20
URI: http://psasir.upm.edu.my/id/eprint/36612
Statistic Details: View Download Statistic

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