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The Current International Financial Crisis And The Financial Supervision Institutional Arrangements Effectiveness In The European Union Countries

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  • STOICA Ovidiu
  • CAPRARU Bogdan

Abstract

The international financial turmoil rise challenges in evaluating and choosing the optimal financial supervision institutional arrangements in many countries. Our study focuses on the financial supervision institutional architecture and its effectiveness in the European Union during the international financial crisis.We evaluated the effectiveness of the financial supervisory framework by groups of countries, categorised according to the supervisory model. Our analysis demonstrates that the performances in what concerns the crisis management were different from one country to another, but also according to the supervisory model, the best performances being registered in those countries using the unified model of financial supervision.

Suggested Citation

  • STOICA Ovidiu & CAPRARU Bogdan, 2012. "The Current International Financial Crisis And The Financial Supervision Institutional Arrangements Effectiveness In The European Union Countries," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 0(4), pages 590-597.
  • Handle: RePEc:blg:reveco:v:supplement:y:2012:i:4:p:590-597
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/suplimente/Volume4-2012.pdf
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    References listed on IDEAS

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    Cited by:

    1. Ionel BOSTAN, 2014. "Legislative Study On The Government Regulation On Some Economic Recovery Measures," Journal of Public Administration, Finance and Law, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 5(5), pages 214-229, June.
    2. Ionel BOSTAN, 2014. "Dimensions Of The Aspect Of Ï¿½Legislative Authority� Of The Executive Branch," Journal of Public Administration, Finance and Law, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 6(6), pages 247-254, December.
    3. Ionel BOSTAN, 2016. "Considerations On Insufficient Legal Regulation Of Special Allocations Made By The Central Executive Authority," Journal of Public Administration, Finance and Law, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 9(9), pages 119-124, June.

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