LEGISLATIVE MEASURES REGARDING THE ROMANIAN CAPITAL MARKET IN SUPPORT OF THE TRANSITION FROM FRONTIER MARKET TO EMERGING MARKET
LEGISLATIVE MEASURES REGARDING THE ROMANIAN CAPITAL MARKET IN SUPPORT OF THE TRANSITION FROM FRONTIER MARKET TO EMERGING MARKET

Summary/Abstract: This paper addresses the relevant legal instruments aimed to eliminate the major obstacles that prevent the normal development of the Romanian capital market amid the economic and financial reforms carried out in order to maintain the economic stability in the context of the current global financial crisis. So, we try to present in a systematic and coherent manner the difficulties affecting the capital market, also insisting on the recent legislative adjustments aimed at increasing its the performance. Our approach is based on the analysis of the specific literature, legal sources - national and European, as well as on a series of acts issued by the public authorities at the highest level (the Government, specialized ministries etc.).

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