摘要：Crises can be defined as situations characterized by a pronounced instability, therefore they are accompanied by volatility and a growing incertitude. The stock market is the barometer of the economy and it trades businesses of different sizes and from different sectors. The main purpose of this paper is to identify what reverberations has the current financial crisis on the financial market, especially on the stock market. The approach of this topic is done by tree perspectives (effects on financial institutions, effects on the stock volume and quotes, effects on the invertors’ behavior on the market, effects on capital market regulation) matching Romanian financial reality with international issues. What are the lessons that Romanian investors would have to learn from experiencing this global economic crisis?
关键词：economic crisis; effects of financial crisis; capital market
