The role of compensation in money market and new money market instruments Open

Duduiala Lorena

MPRA Paper from University Library of Munich, Germany

Abstract: Creation and proper functioning of the money market in Romania is subject to a preponderant constancy of private property, to support competition as a factor increasing the efficiency of the economy. Appearance money market in Romania is related to the transformations that have manifested in our country since 1989. As a mechanism of market economy, can not talk about them in existence before 1989. In a centralized economy, instruments, financial categories have ceased to reflect the actual situation in the economy. Fixing of prices with a high dose of subjectivism has generated the emergence of profitable enterprises without their own merits and others with losses that were not responsible for their financial situation.

Keywords: money market; compensation; surplus; deficit (search for similar items in EconPapers)
JEL-codes: E00 E42 E44 E52 E62 F43 G32 (search for similar items in EconPapers)
Date: 2009-02-03
New Economics Papers: this item is included in nep-mac, nep-mon and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:13242

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