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Significant Aspects Related To Financial Instability In Romania, Under The Constraints Imposed By The European Integration

Author

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  • Mihaiteanu Sanda

    (INCE-Academia Romana, Institutul Bancar Roman)

Abstract

This article pertains to the series of articles related to European integration and is addressed to all who are interested in this field, particularly to those who work within public or non-governmental sectors, and who have to gain a true vision of the macroeconomic situation in its entirety. My research includes both quantitative and qualitative aspects, which are based on my own opinions. I believe the added value of my work derives from summing up the components: raising awareness on the importance of the theory of financial fragility in Romania's case, the constraints imposed by reaching the indicators related to the quantification of our country's degree of economic convergence to the Euro Zone, clearly defining the main areas of systemic risk in Romania, and the conclusions. The article begins by drawing clear delimitations on the theory of financial fragility and by understanding the definite European constraints related to entering the Euro Zone, and it continues with some elements specific to Romania. The final conclusion takes note of a significant macro systemic weakening of our country, which should be taken into account when projecting different types of national strategies.

Suggested Citation

  • Mihaiteanu Sanda, 2014. "Significant Aspects Related To Financial Instability In Romania, Under The Constraints Imposed By The European Integration," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 167-174, July.
    • Handle: RePEc:ora:journl:v:1:y:2014:i:1:p:167-174
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    File URL: http://anale.steconomiceuoradea.ro/volume/2014/n1/018.pdf
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    References listed on IDEAS

    as
    1. IANCU, Aurel, 2013. "Extinderea financiarizarii si accentuarea fragilitatii sistemului financiar," Studii Economice 130128, Institutul National de Cercetari Economice (INCE).
    2. Hyman P. Minsky, 1957. "Central Banking and Money Market Changes," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 71(2), pages 171-187.
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    More about this item

    Keywords

    European integration; financial fragility; Romanian instability;
    All these keywords.

    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • G01 - Financial Economics - - General - - - Financial Crises

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