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  • 标题:FINANCIAL STABILITY-A THEORETICAL APPROACH
  • 本地全文:下载
  • 作者:Vasilescu Maria
  • 期刊名称:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
  • 印刷版ISSN:1844-7007
  • 出版年度:2012
  • 卷号:01
  • 出版社:Academica Brâncuşi
  • 摘要:Central banks have become poles of stability and decisive factors of globalization. Financial stability represents a national issue, a public asset, that requires both an intervention of public judicious authorities and their cooperation with private sector. Given the integration of financial markets during the last decades in both developed and developing countries, as direct result of globalization, liberalization and deregulation processes, and the high degree of innovation they felt over time, a shift in market participants’ perceptions on the importance of stable financial systems in economic growth arose. The global context characterized by the interdependence of markets and institutions, emergence of new techniques and instruments, increasing international capital flows stressed the new meanings of the analysis of financial stability
  • 关键词:financial crisis; financial stability; source of risks; price stability
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