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Financial Stability Aspects In The Conditions Of European Monetary Union

Author

Listed:
  • Silviu-Marius SEITAN

    (National Institute of Economic Researches, Center for Financial and Monetary Researches, Romanian Academy)

Abstract

Under the current conditions of conducting international economic relations, there is a risk of failing to accomplish the monetary policy objectives due to reasons pertaining to the mechanisms that convey shocks cross-border. The conceptual review of object definition, under such conditions, leads to the necessity of attaching to them these risks of unfulfillment; this requires an additional chapter of macroeconomic policy design, chapter that identifies the possible risks emerging from the integrated cross-border regime of the European economies, as well as the possible solutions to absorb such shocks. This implicitly presumes the quantification of the whole phenomenon or risk emergence and of its possible effects, with the view to determine the effort necessary to be undertaken in order to absorb the associated shock.

Suggested Citation

  • Silviu-Marius SEITAN, 2021. "Financial Stability Aspects In The Conditions Of European Monetary Union," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 6(3), pages 129-139.
    • Handle: RePEc:brc:brccej:v:6:y:2021:i:3:p:129-139
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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