SOME CONSIDERATIONS ON THE GLOBAL FINANCIAL CRISIS AND ITS IMPACT ON THE BANKING SYSTEM IN ROMANIA

Assist. Costin Daniel Avram Ph. D and Prof. Veronel Avram Ph. D
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Assist. Costin Daniel Avram Ph. D: University of Craiova Faculty of Economics and Business Administration Craiova, Romania
Prof. Veronel Avram Ph. D: University of Craiova Faculty of Economics and Business Administration Craiova, Romania

Annals of University of Craiova - Economic Sciences Series, 2010, vol. 2, issue 38, 8

Abstract: The modern economies under the impact of globalization have created an opportunity for investors to set up the various portfolios of financial assets (stocks, bonds, treasury bills, derivatives and other securities) diverse in terms of the structure, size and scale of the companies where investments have been made and a very diverse geographical area. This diversification has had considerable support from the development of technical instruments of transactions and of information technology, a general trend of market convergence.

Keywords: financial crisis; economic crisis; globalization; financial risks; banking system (search for similar items in EconPapers)
JEL-codes: E44 G21 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)

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