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Inovatia financiara si dezvoltarea pietelor de capital

Author

Listed:
  • Ovidiu Stoica

    (The Department of Business Administration, Faculty of Economics and Business Administration, Alexandru Ioan Cuza University)

Abstract

In the last decades, the financial instruments developed very quickly, the world economy becoming "a paper economy". The financial innovation transformed the financial system, offers for the financial intermediaries and investors' new opportunities, but also brings new risks. The financial supervisory authorities passed from the regulation and deregulation process again to the re-regulation process in the intent to insure the stability in the financial markets and a development without the (hidden) dangers that sometimes transformed in financial crisis of financial intermediaries' bankruptcy.

Suggested Citation

  • Ovidiu Stoica, 2006. "Inovatia financiara si dezvoltarea pietelor de capital," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 52, pages 77-82, November.
    • Handle: RePEc:aic:journl:y:2006:v:13:p:77-82
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