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Financial Crises. Aspects Regarding The Crisis Impact On The Romanian Capital Market

Author

Listed:
  • Ioan Cuzman

    (“Vasile Goldiş” University, Arad)

  • Daniel Manaţe

    (Universitatea Aurel Vlaicu, Arad)

  • Pavel Fărcaş

    (“Vasile Goldiş” University, Arad)

Abstract

Economic and financial stability, sustainability and durable development are top priorities to all world nations and this aspect must become no one for both European Union and Romania. Negative effects induced by the short time capital moves and of the different speculative assets bubbles must be restrained and strictly controlled by law and fiscal means. Those means must favour the entrepreneurship spirit, long term investments and jobs creation versus derivatives bets and the short term profits maximisation targets specific to the large investment banks and investment funds.

Suggested Citation

  • Ioan Cuzman & Daniel Manaţe & Pavel Fărcaş, 2011. "Financial Crises. Aspects Regarding The Crisis Impact On The Romanian Capital Market," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 5(5(558)(su), pages 763-769, July.
  • Handle: RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:763-769
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