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European Funds: Their Impact on Romania’s Financial Stability

Author

Listed:
  • Oana Maria Stepan

    (University of Craiova, Romania)

  • Dumitru Beldiman

    (University of Craiova, Romania)

Abstract

The specialty literature doesn’t offer a clear definition which is generally accepted for „the financial stability of a state”. Generally, by „the financial stability of a state” one understands that „situation where the financial system of a state can attract and efficiently place money funds and in the same time faces future crisis, without jeopardizing the real economy of that state”. Thus, starting form the above explanation about the financial stability of a state, the authors intended, by means of this article, to conceive an analysis regarding Romania’s financial stability and the impact that European funds have on the country, respectivelly the impact of structural and investment funds on the financial stability.

Suggested Citation

  • Oana Maria Stepan & Dumitru Beldiman, 2016. "European Funds: Their Impact on Romania’s Financial Stability," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 16(1), pages 265-274.
    • Handle: RePEc:pet:annals:v:16:y:2016:i:1:p:265-274
    as

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    References listed on IDEAS

    as
    1. Bogdan CHIRIACESCU, 2013. "Macroprudential policy and financial stability," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(579)), pages 81-88, February.
    2. repec:agr:journl:v:2(579):y:2013:i:2(579):p:81-88 is not listed on IDEAS
    3. Hyman P. Minsky, 1992. "The Financial Instability Hypothesis," Economics Working Paper Archive wp_74, Levy Economics Institute.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    European funds; financial stability; structural funds; investment funds; European financing;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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