Banca Centrală şi stabilitatea financiară
The central bank and the financial stability

Summary/Abstract: In the last period, the financial stability has developed as an important issue in the context of present international financial crisis. This study aims to be a debate regarding the circumstances and the opportunity for central banks to act as lender of last resort. In this context, we propose a series of solutions that would ensure the optimum exercise of this function held by the central bank. Also, we talk about the incompatibilities between the objectives of price stability and those of financial stability.

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