THE INTERDEPENDENCE BETWEEN THE FINANCIAL CAPITAL AND THE CAPITAL ASSETS UNDER THE CONDITIONS OF ECONOMIC CRISIS
THE INTERDEPENDENCE BETWEEN THE FINANCIAL CAPITAL AND THE CAPITAL ASSETS UNDER THE CONDITIONS OF ECONOMIC CRISIS
Author(s): Dragoş Ilie, Elena BicăSubject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: capitalization; financial capital; capital assets; capital reproducibility; capital elasticity; capital interdependence.
Summary/Abstract: Crossing the present stage of the economy development should face some difficult realities and their understanding and passing cannot be possible without the reorientation of the politics regarding the capital. The process of capitalization should be thus dealt with priority under the conditions in which the Romanian economy is scanty at the moment regarding the level of the capital involved in the processes of productive economy. The process of capitalization of the Romanian economy cannot be thought without the existence of the adequate financing resources. Improper dimensioning of the financial capital before starting of the world crisis will be the cause of numerous bankruptcies in the following period. To avoid these states it is required an optimum dimensioning of financial capital because of its liquid and very elastic character and its high degree of utilization under the crisis conditions.
Journal: Studia Universitatis Vasile Goldiş, Arad - Seria Ştiinţe Economice
- Issue Year: 19/2009
- Issue No: 4
- Page Range: 191-197
- Page Count: 7
- Language: Romanian