Comparative Economic Policies in the Current Economic Crisis

ROXANA MARIA IACOB

Abstract


This paper intends to analyze the economic policies formulated in the current economic crisis for capturing the most important governmental strategies. The analysis of the economic policies formulated during “subprime” crisis confer us a viable framework of understanding the association between political strategies and doctrinal views. In this meaning, we can identify a mix between Keynesian solutions and monetarist practices. However, we intend to observe, in the strategies adopted, if there was a common action plan in various countries and the social impact of all economic policies. Given the origins of this crisis, the United States, we intend to identify the action plan of the U.S. government, in connection with the strategies applied in European Union and Asia.

Keywords


Economic policies; Economic crisis; Regulation; Keynesian policies; Free market

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