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Using generation approach we examine the genesis and mechanisms in major financial crisis and focus on the recent sub – prime crisis. We believe that in the era of increased financial globalization a reliable approach has to consider besides fundamental factors multiple equilibriums and self...
Persistent link: https://www.econbiz.de/10008459903
Viewed in the context of geopolitical and geostrategic current and through the elements of distinction in terms of identity and cultural institutions, chart Romania - NATO / Israel - EU stands under the sign of the common interest channel, firstly, on common values and hence the collective...
Persistent link: https://www.econbiz.de/10008459906
In the complex connection process of national economies to global economy flows, an important role has the foreign trade, which in recent decades has become, in the market economy conditions, one of the factors determining for economic growth. Foreign trade, as a separate branch of the national...
Persistent link: https://www.econbiz.de/10008459921
Romanian Abstract: Cuvântul care caracterizează conjunctura economică a Turciei este incertitudinea determinată, în primul rând, de situația politică instabilă a regiunii, care s-a transmis în politica internă și a fost accentuată apoi de transformările care au loc în sistemul...
Persistent link: https://www.econbiz.de/10012896868
Romanian Abstract: Cu toate că Germania a continuat să reprezinte „locomotiva” economică ṣi ancora de stabilitate a UE, iar ca urmare a reformelor ambiṭioase întreprinse în ultimul deceniu, economia federală a demonstrat o deosebită rezistenṭă la efectele negative ale ultimelor...
Persistent link: https://www.econbiz.de/10012995168
The study has as its objectives, to determine the influence of price volatility and price expectation in the rate of inflation as a measure of the price level. In addition, the study sought to evaluate ipso facto the extent to which monetary policy has influenced inflation by reducing price...
Persistent link: https://www.econbiz.de/10008459912
The loss of the sovereign interest rate and exchange rate instruments is the main potential cost of joining a monetary union since it becomes more difficult to adjust swiftly to shocks. In the case of demand shocks that affect all countries more or less equally (symmetric shocks), the loss of...
Persistent link: https://www.econbiz.de/10005581594
The theoretical – intuitive analysis applied to the segment of monetary transmission evidences the fact that forming the traditional monetary impulses transmission channels are in a starting phase due to the long financial non – intermediary process which Romanian economy had known. In these...
Persistent link: https://www.econbiz.de/10008493626
Challenges triggered by the current economic and financial crisis are multiple. In the short term the main challenge is finding solutions that will restore investor confidence and long-term consumatorilor.Pe, the main challenge is to adjust the principles that guide the international financial...
Persistent link: https://www.econbiz.de/10009643802
The monetary policy decision, as any other decision, is the product of a procedure assembling a lot of primary information, but also what type of other ingredients contribute finally to a certain monetary policy decision.
Persistent link: https://www.econbiz.de/10008464218