Advanced Search
MyIDEAS: Login

Importance of Non-banking Financial Institutions and of the Capital Markets in the Economy. The Case of Romania

Contents:

Author Info

  • Marilen Pirtea

    (Universitatea de Vest, Timisoara)

  • Laura Raisa Iovu

    (Universitatea de Vest, Timisoara)

  • Marius Cristian Milos

    (Universitatea de Vest, Timisoara)

Abstract

Deep and broad financial markets facilitate savings mobilization, by offering both individuals and insitutional savers and investors additional instruments and channels for placement of their funds at more attractive returns than are available on bank deposits. Bank and non-bank financial intermediation are both key elements of a sound and stable financial system. Both sectors need to be developed as they offer important synergies, meant to foster economical growth. While banks dominate the financial systems in most countries, business, households, and the public sector rely on the availability of a wide range of financial products to meet their financial needs. Such products are not provided only by banks, but also by insurance, leasing, factoring, and venture capital companies as well as mutual funds or pension funds.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://store.ectap.ro/articole/302.pdf
Download Restriction: no

File URL: http://www.ectap.ro/articol.php?id=302&rid=37
Download Restriction: no

Bibliographic Info

Article provided by Asociatia Generala a Economistilor din Romania - AGER in its journal Theoretical and Applied Economics.

Volume (Year): 5(522) (2008)
Issue (Month): 5(522) (May)
Pages: 03-10

as in new window
Handle: RePEc:agr:journl:v:5(522):y:2008:i:5(522):p:03-10

Contact details of provider:
Postal: Bucharest, Calea GriviĊ£ei nr. 21, sector 1, 010702
Phone: +40 21 3 12 22 48
Fax: +40 21 3 12 97 17
Email:
Web page: http://www.asociatiaeconomistilor.ro/
More information through EDIRC

Related research

Keywords: financial intermediation; capital market; economical growth.;

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:5(522):y:2008:i:5(522):p:03-10. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Socol Cristian).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.