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Inovatia financiara si dezvoltarea pietelor de capital

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Author Info
Ovidiu Stoica () (The Department of Business Administration, Faculty of Economics and Business Administration, Alexandru Ioan Cuza University)

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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.

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Publisher Info
Article provided by Alexandru Ioan Cuza University, Faculty of Economics and Business Administration in its journal Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi.

Volume (Year): 52-53 (2006)
Issue (Month): (November)
Pages: 77-82
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Handle: RePEc:aic:journl:y:2006:v:13:p:77-82

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Postal: Universitatea Al. I. Cuza; B-dul Carol I nr. 22; Iasi
Phone: 004 0232 201070
Fax: 004 0232 217000
Email:
Web page: http://anale.feaa.uaic.ro/anale/
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Related research
Keywords: financial innovation; financial engineering; integrated financial supervision; regulation; deregulation; re-regulation;

Statistics
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This page was last updated on 2009-11-30.


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