FINANCIAL SYSTEM STABILITY DURING CRISES
FINANCIAL SYSTEM STABILITY DURING CRISES
Author(s): Bogdan FirtescuSubject(s): Economy
Published by: Editura Eurostampa
Keywords: financial system stability; financial system functions; crises; Basel III requirements; Romanian financial syistem during actual crises
Summary/Abstract: The problem of financial system soundness become important in last decade because of the recurrence of regional and international crises. During latest times, financial crises have been a common occurrence in emerging market (and transition) countries with negative influence for the economies. Financial crises have had negative effects on real output, work force, poverty and political instability. Latest crises (2008) that struck US become international, its consequence being received in European countries too. This paper wants to discuss some financial indicators of the financial system and their importance for signaling crises. Also, Basel arrangements are taken into discussion. Possible mutations in the Romanian financial system are presented..
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XVII/2011
- Issue No: 17
- Page Range: 601-608
- Page Count: 8
- Language: English