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About "Sovereign" Loans and Why it Must Become "Ordinary"

Author

Listed:
  • Jenica POPESCU

    (University of Craiova)

Abstract

The paper presents views on the state lending. According to the author, this process must be based on the same principles that apply to non-governmental credit, focusing particularly on guarantee of credit, one of the basic principles of prudential banking.

Suggested Citation

  • Jenica POPESCU, 2011. "About "Sovereign" Loans and Why it Must Become "Ordinary"," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(13), pages 76-81, December.
  • Handle: RePEc:aio:fpvfcf:v:1:y:2011:i:13:p:76-81
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    File URL: http://feaa.ucv.ro/FPV/013-10.pdf
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    More about this item

    Keywords

    sovereign loans; state lending; guarantee of credit; prudential banking;

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers

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