Resumen

AMARAL, João Ferreira do. The crisis and the institutions. Relações Internacionais [online]. 2009, n.22, pp.5-14. ISSN 1645-9199.

To understand the present crisis we have to analyse the deep causes of it: the beginning of a more complex world economy and the accumulation of tensions, as well as, the causes that made happened the 2007 “earthquake”. Finally, we will seek to analyse the monetary politic tools used to fighting the crisis, concluding that the answer of the economical politics has been insufficient.

Palabras clave : economic and financial crisis; world economy; international institutions; European Union.

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