IDEAS home Printed from https://ideas.repec.org/a/ovi/oviste/vxiiy2012i1p126-131.html
   My bibliography  Save this article

European Financial Integration and the Recent Crisis

Author

Listed:
  • Apãtãchioae Adina

    (Faculty Of Economics and Business Administration, "Alexandru Ioan Cuza" University, Ia?i, România)

Abstract

Financial integration, the greatest achievement of the European Union, offer many advantages both in terms of the financial sector and also the private sector. The purpose of this article is to highlight in which way the recent crisis has affected financial integration and also the manner in which the common market influenced the triggering of financial turmoil. Literature renders the positive effects who can be felt as a result of financial integration, but in the circumstances of the crisis were highlighted and some disadvantages of such a process. Analyzing movements in the money market, sovereign debt market and retail banking, we see that financial integration was one in development, evolution who has been affected by the recent crisis. We conclude that liberalization was the trigger factor of recent crisis, but the reforms undertaken in this sense can ensure an sound financial integration, an sustainable economic environment and economic growth.

Suggested Citation

  • Apãtãchioae Adina, 2013. "European Financial Integration and the Recent Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 126-131, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:1:p:126-131
    as

    Download full text from publisher

    File URL: http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2013p1.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Marianna Oliskevych & Iryna Lukianenko, 2017. "Structural Change and Labor Market Integration: Evidence from Ukraine," International Journal of Economics and Financial Issues, Econjournals, vol. 7(3), pages 501-509.

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:xii:y:2012:i:1:p:126-131. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gheorghiu Gabriela (email available below). General contact details of provider: https://edirc.repec.org/data/feoviro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.